Winston-Salem has had some success landing major data centers.
In 2005, Lowe's Cos. Inc. opened a $100 million data center in the Madison Park office complex with 25 employees. It received about $3.8 million in local and state incentives. Last August, Lowe's added a 90,000-square-foot building there, but no new jobs.
In 2007, the Clearing House Payments Co. opened a $22 million data center in Winston-Salem with 80 local workers. The company is eligible for nearly $900,000 in local and state incentives.
Wells Fargo & Co. has about 1,000 employees in technology and operations in the West End data center. Data Chambers LLC, recently bought by North State Communications, has 120,000 square feet of data-center and disaster-recovery space. (Source: Journal Now)
Electric Pricing
Winston-Salem Greensboro has low electric costs that average between 5 and 6 cents a kWh.
Natural Disaster Risk
The risk of natural disasters is low.