Facebook's Total Investment In NM At $500 Billion
Facebook said Tuesday that it will up its investment in New Mexico by another quarter million dollars, bringing the social media giant’s total investment in the state to $500 billion.
Facebook said it will build a second building of 460,000 square feet, in addition to the more than 510,000 square-foot facility already underway at its data center that’s being built in Los Lunas.
“We’re thrilled to be expanding our presence in the State of New Mexico and the Village of Los Lunas, and we’re grateful to Governor [Susana] Martinez for her ongoing support,” said Tom Furlong, vice president of infrastructure at Facebook. “We continue to find a strong pool of talent to build our data center, and we’re excited that construction crews will be working on the site for years to come.”
Martinez hailed the announcement as a boost for New Mexico’s economy.
“This is exciting news for New Mexico,” Martinez said. “We’re proud to have a cutting-edge high-tech company like Facebook as a partner as we move forward in diversifying New Mexico’s economy. New Mexico’s powerful incentives are bringing more opportunities to our state – once again ahead of schedule with more jobs and investment than initially anticipated. Results like these show the power of our commitment to lift up our communities.”
Construction on the first building began in October and the project already has an average of 150 workers onsite daily. Facebook anticipates having as many as 1,000 workers onsite at the peak of construction, as well as more full-time jobs for the expansion once complete, Martinez said.
According to Facebook, as with the initial phase of the project, the second building will also be one of the most advanced and energy efficient data center facilities in the world, featuring the latest in OCP server, storage and network designs. It will also be powered with 100 percent clean and renewable energy.
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