UPDATE: Meta’s planned $800M investment in Lebanon could lead to $4.8B, mayor says

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16 thoughts on “UPDATE: Meta’s planned $800M investment in Lebanon could lead to $4.8B, mayor says

    1. So the press release obscured the actual amount of the 15-year tax abatement by giving the 30-year total tax payments. So if the abatements cost as much as $50-100 million, that’s between 500K and 1 million per job.

      Plus giving more steam to the coal-burning lobby in the State House since this will be an electricity guzzler.

  1. Robert H….what the heck do you want? Seriously what is YOUR vision or ideal company for this area? Are you against high paying, high tech jobs? Bring on “progress” to Lebanon.

    1. It is 80 jobs total once in operation. If you don’t believe me, watch the Lebanon City Council meeting video on YouTube. Millions of tax payer dollars down the drain in incentives, acquiring water resources for the water crisis Lebanon created through LEAP, and so on for… 80 jobs. So yes, it is a joke.

    2. Data centers do not provide the type of ‘high tech’ jobs that are abundant on the coasts. They employ a couple dozen electricians, hvac professionals, and engineers. There’s nothing wrong with any of those jobs, but the number of employees per dollar spent is as low as possible.

      What data centers actually do is stress out the grid in ways that tend to pass costs down to rate payers and slow down clean energy transitions, and burn through taxpayer money. Subsidizing them is a race to the absolute bottom of the barrel.

  2. TIF, IEDC, tax abatements, and water they don’t have for a data center. That is winning. You’d be better off with a for-profit prison or a hazardous waste facility.

  3. To Robert H and others,

    Ok, it appears I stand corrected. If, as it appears, only 80 jobs, I admit to being wrong and leaning against it….as if it matters to anyone!!!

    BH

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