The Niagra Gazette reports that global banking giant HSBC is reconsidering the $1 billion data center it had planned for Cambria, NY. The data center would add 56 jobs, averaging $76k and would add $14.5 million in property tax collections.
HSBC is not terminating the project, but just looking at alternate sites in the county (otherwise they will give up the $89.5 million in tax breaks. The bank indicated that current business climate was the reason for them to step back and stay in planning phase for a while.
In January of this year Data Center Knowledge reported the plans for the 275,000 sq. ft. facility.
Check out the Niagra Gazette article here