Meta will open their newest technology operation center in Jeffersonville, Indiana, bringing $800M and 100 jobs to the region.
Jeffersonville, IN. (January 25, 2024)
Governor Eric J. Holcomb and Indiana Secretary of Commerce David Rosenberg joined executives of Meta Platforms Inc. (NASDAQ: META) today as the company announced plans to establish a new $800 million data center campus in Indiana. The new facility in Jeffersonville will support approximately 100 operational jobs and hundreds of construction jobs in the coming years.
Meta, which powers products such as Facebook, Messenger, Instagram, and WhatsApp, will establish a nearly 700,000-square-foot facility at River Ridge Commerce Center in Jeffersonville. This new facility will be Meta’s 18th in the United States and will be supported by 100% renewable energy.
“We are thrilled to make Indiana and Jeffersonville our new home. We are committed to playing a positive role here and investing in the community’s long-term vitality,” said Brad Davis, director of data center community and economic development at Meta. “Jeffersonville stood out as an outstanding location for our newest data center thanks to its great access to infrastructure, deep pool of talent, and amazing community partners. Thank you to everyone who has helped us get here.”
Based on the company’s investment plans, the Indiana Economic Development Corporation committed an investment in Meta in the form of a 35-year term data center sales tax exemption for a minimum $800 million in eligible capital. For each additional $800 million of eligible investment made at the site within that time period, the company will be eligible for tax exemptions for an additional 5-year period, up to a total term of 50 years. These incentives are performance-based, meaning the company is eligible to claim state benefits once investments are made. The city of Jeffersonville and the River Ridge Development Authority offered additional incentives.
“Today is a great day for Indiana and for our southeast region as we welcome another major investment to the River Ridge Commerce Center,” Gov. Holcomb said. “Indiana’s efforts to cultivate industries of the future are already paying dividends for Hoosiers, attracting growth in critical sectors like data storage, semiconductors, energy and electric vehicles. We’re excited to welcome Meta to Indiana and look forward to the company’s partnership in growing Jeffersonville and the southeast Indiana region.”
“On behalf of the residents of Jeffersonville, I am ecstatic to officially welcome Meta to our community,” said Mike Moore, Mayor of Jeffersonville. “River Ridge has been saving this 619-acre site for a mega company, and Meta’s investment and commitment to our community are proof that this strategy is paying off. The economic activity around this new data center will support every sector of our economy, and we appreciate all those who have worked to bring Meta to Jeffersonville.”
“1si is immensely excited to welcome Meta to Southern Indiana,” said John Launius, Vice President and Director of Economic Development at One Southern Indiana. “This project has been a long time coming, and we can’t wait to see the benefits the new data center campus will bring to our community, including 100 new initial jobs, and celebrate how this will propel our regional momentum and opportunities.”
About Meta
Meta builds technologies that help people connect, find communities, and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology.
About IEDC
The Indiana Economic Development Corporation (IEDC) is charged with growing the State economy, driving economic development, helping businesses launch, grow and locate in the state. Governed by a 15-member board chaired by Governor Eric J. Holcomb, the IEDC manages many initiatives, including performance-based tax credits, workforce training grants, innovation and entrepreneurship resources, public infrastructure assistance, and talent attraction and retention efforts. For more information about the IEDC, visit iedc.in.gov.
Media Contacts:
Melanie Roe (Meta) – 650-798-7966 or melanieroe@meta.com
Erin Sweitzer (IEDC) – 317-296-2556 or esweitzer@iedc.in.gov
About One Southern Indiana
One Southern Indiana (1si) was formed in July of 2006 as the economic development organization and chamber of commerce serving Clark and Floyd counties. 1si’s mission is to help businesses innovate and thrive in the Southern Indiana / Louisville metro area via the three pillars of Business Resources, Economic Development, and Advocacy. For more information on One Southern Indiana, visit www.1si.org.
Contact:
One Southern Indiana
Brittany Schmidt, Content Marketing and Media Relations Manager
BrittanyS@1si.org
812-945-0266
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