Fortune Data Centers, a Silicon Valley company that provides wholesale online data storage, is opening a 240,000-square-foot data center in Hillsboro.
Fortune Data Centers, a Silicon Valley company that provides wholesale online data storage, is opening a 240,000-square-foot data center in Hillsboro.
The facility – in an enterprise zone that exempts the company from property taxes on its equipment – will employ between 20 and 40 people.
“We chose Oregon because it has excellent energy and communications infrastructure as well as a favorable tax structure for capital investment. For example, tenants who update and replace IT equipment pay no sales tax, which translates into as much as 30% yearly savings for their data center operations,” Matt Mochary, chief executive of Fortune Development Group, said in a written statement this morning.
Read more at OregonLive.com.
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