Honda closed today on the purchase of 11 acres at the Boulder County Business Center, 1601 Dry Creek Drive in Longmont. The company will construct a new 60,000-square-foot Tier 3 data center at the site. The company's initial capital investment is expected to be $20 million.
Longmont, CO (PRWEB) July 21, 2006 -- Honda closed today on the purchase of 11 acres at the Boulder County Business Center, 1601 Dry Creek Drive in Longmont. The company will construct a new 60,000-square-foot Tier 3 data center at the site. The company's initial capital investment is expected to be $20 million.
The data center will employ 15 to 20 employees, but the company has left the door open for potential expansion to accommodate growth, as well as the creation of a natural disaster backup site. These developments could bring up to 100 jobs to the facility. An office and research and development center may be added at a later date.
The Boulder County Business Center incorporates 150 acres, and 45 acres in the center are still available.
Honda began operations in the U.S. in 1959 with the establishment of American Honda Motor Co., Inc., Honda's first overseas subsidiary. Honda began U.S. production operations in 1979. Honda has invested more than $8.5 billion in its North American operations with 13 major manufacturing plants, employment of more than 33,000 associates and the annual purchase of more than $16 billion in parts and materials from suppliers in North America. Nearly 8 of 10 Honda and Acura cars and light trucks sold in America are produced in North America.
About the Longmont Area Economic Council
The Longmont Area Economic Council exists for the sole purpose of keeping the Longmont area economy strong. This is accomplished specifically by "actively supporting the creation and preservation of quality primary jobs." Primary employers are those who sell the majority of their goods and services outside the region. LAEC is a public/private partnership, governed by a Board of Directors made up of representatives from primary employers, the City of Longmont, and the business community at large. For more information, call (303) 651-0128, email, or visit www.longmont.org.
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