Read Larry Connors' blog – Short Term Trading Strategies
The Maiden Town Council will join representatives of the Catawba County Board of Commissioners to make an announcement at 5:30 p.m. Monday at the Maiden Recreation Center on East Klutz Street.
Mayor Bob Smyre said Wednesday that representatives of the Catawba County Economic Development Corp. will make an announcement at the public meeting, but would not reveal details.
Economic Development Corp. President Scott Millar would not say if the planned announcement concerns Apple or any other company coming to Catawba County.
Gov. Beverly Perdue announced June 3 that Apple had selected North Carolina as the location for a new data center. The technology giant is expected to invest $1 billion in the project over nine years.
Catawba County has two sites near Maiden suitable for data centers, and the Economic Development Corp. has been marketing them for that purpose.
The 183-acre WestStar Mission Critical Business Park is being developed off Startown Road near its intersection with U.S. 321. The other Catawba County site includes a 156,000-square-foot former Carolina Mills building with up to 100 acres. Both sites offer access to large amounts of power and water, which data centers typically require.
Perdue's June 3 announcement came two days after the state Legislature agreed to special tax breaks targeting Apple and the same day the governor signed the incentives bill into law.
Catawba County is thought to be the front-runner for the data center, but neither Apple nor the N.C. Department of Commerce have said where the facility will be built.
The data center will employ at least 50 people full-time. Perdue's office said the data center could generate another 250 jobs for people providing services to the plant and more than 3,000 related jobs for the region surrounding the site.
The incentives law requires that the data center be built in one of North Carolina's most economically distressed counties.
Catawba and Cleveland counties are thought to be the two primary candidates. Catawba County's unemployment rate was 15.5 percent in May. Cleveland's was 15.6 percent.
Citing unnamed sources, a Cleveland County newspaper reported it was "all but certain" that Catawba County would get the data center because its available sites were more favorable to Apple's needs.
To see more of the Hickory Daily Record or to subscribe to the newspaper, go to http://www.hickoryrecord.com. Copyright (c) 2009, Hickory Daily Record, N.C. Distributed by McClatchy-Tribune Information Services. For reprints, email tmsreprints@permissionsgroup.com, call 800-374-7985 or 847-635-6550, send a fax to 847-635-6968, or write to The Permissions Group Inc., 1247 Milwaukee Ave., Suite 303, Glenview, IL 60025, USA.
More News:
Market Updates |
Stock Alerts |
All Trading News |
Stock Index
About TradingMarkets | Contact | Advertise | Careers | Link to Us | Site Map | Help | Terms & Conditions | Privacy Policy | Return Policy | Testimonials | Feedback
The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
It should not be assumed that the methods, techniques, or indicators presented in these products will be profitable or that they will not result in losses. Past results of any individual trader or trading system published by Company are not indicative of future returns by that trader or system, and are not indicative of future returns which be realized by you. In addition, the indicators, strategies, columns, articles and all other features of Company's products (collectively, the "Information") are provided for informational and educational purposes only and should not be construed as investment advice. Examples presented on Company's website are for educational purposes only. Such set-ups are not solicitations of any order to buy or sell. Accordingly, you should not rely solely on the Information in making any investment. Rather, you should use the Information only as a starting point for doing additional independent research in order to allow you to form your own opinion regarding investments. You should always check with your licensed financial advisor and tax advisor to determine the suitability of any investment.
HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN INHERENT LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING AND MAY NOT BE IMPACTED BY BROKERAGE AND OTHER SLIPPAGE FEES. ALSO, SINCE THE TRADES HAVE NOT ACTUALLY BEEN EXECUTED, THE RESULTS MAY HAVE UNDER- OR OVER-COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFITS OR LOSSES SIMILAR TO THOSE SHOWN.
The Connors Group, Inc.
10 Exchange Place, Suite 1800
Jersey City, NJ 07302
© Copyright 2009 The Connors Group, Inc.
