news-record.com

NEWS

American Express looks at Triad

Saturday, April 17, 2010
(Updated 7:54 am)

GREENSBORO — The Guilford County Board of Commissioners has set a public hearing for May 6 to consider a $6 million incentive request for American Express, which is looking for a site to build a $400 million data-services operation that could employ up to 150 people.

The New York-based company, best known for its credit card and travel operations, also will seek incentives from the city of Greensboro, but the amount of that request could not be determined Friday.

American Express already has a large call center at 7701 Airport Center Drive here. That operation opened in 1985 and employs about 2,000 people.

Economic recruiters and elected officials remained guarded Friday about discussing the specifics of the new project, which has the potential to grow to a $1 billion investment over 20 years. Yet a source familiar with the discussions identified American Express as the candidate. The company also is considering an unspecified offer from Des Moines, Iowa.

“These facilities have become important symbols of the new economy, particularly for areas that used to be based around factories,” said Rich Miller, editor of Data Center Knowledge, an online publication covering the industry. “What the data center represents is a transition to the digital age.”

Those familiar with data centers say American Express has been looking for a place to locate a new operation for the past several months. If the company selects Guilford County, it could break ground within 60 to 90 days.

Dan Lynch, a local economic development official, spent 45 minutes Thursday night briefing the Guilford County commissioners on the project.
“I just want to holler out who this is, but they asked us not to,” said Commissioner Kirk Perkins. “This puts us on the map. It’s huge. It ranks up there with FedEx and HondaJet.”

In addition to the new jobs and the boost to the tax base, Perkins said, the project carries another long-term benefit. “The most exciting thing is that it would put us on track to have other (data centers) look at this area,” he said. “A lot of times, you get clusters.”

In recent years, North Carolina has landed a couple of major data centers.

In 2009, Apple announced it would build a $1 billion data center in Maiden. Two years earlier, Google decided to build a $600 million center in Lenoir.

Although the American Express center won’t be as large as those — at least not initially — it still would be viewed as a major coup locally.

“If it happens, it’s going to be a great day for Guilford County,” said Melvin “Skip” Alston, chairman of the Board of Commissioners.  “It is something that will help us get back on the road to recovery.”

The incentive requests will include water, sewer and road improvements as well as money for job creation. The specific breakdown could not be determined Friday.

No state incentives will be involved because the project won’t produce enough jobs to qualify.

The level of job production bothers Commissioner Paul Gibson. “In my way of thinking, that is the critical element,” he said. “I historically have not supported incentives and I have not made up my mind on this one. ... Maybe they are looking at Greensboro so they can get more out of Des Moines.”

Officials in Des Moines declined to comment.

The Greensboro City Council should be briefed on the project Tuesday and likely would hold a public hearing May 4.

Staff researcher Diane Lamb contributed to this report.

Contact Donald W. Patterson at 373-7027 or don.patterson@news-record.com
 

Accompanying Photos

Comments

This article has been closed to new comments. Comments are generally closed after 14 days. However, comments may be closed earlier at the discretion of the News & Record.

Inappropriate content? Please report abuse.

edward0275

April 17, 2010 - 1:30 am EDT

When HotRodLincoln and wscbd start their rants on this post, just remember: HotRod always exaggerates (or lies?) and wscbd can't remember from one day to the next exactly what he has posted.

wscbd

April 17, 2010 - 4:29 pm EDT

We'd appreciate some examples to back up your accusations, lest you appear to be an ignorant fool.

edward0275

April 17, 2010 - 4:42 pm EDT

You've lost me. I have no idea what you're talking about. If we've ever exchanged comments, then it clearly wasn't memorable enough for me to recognize your name. Don't feel bad; you're not alone in thinking you're more important than you are.

wscbd

April 17, 2010 - 5:04 pm EDT

You made the comment. Now back it up. You had no credibility to begin with, starting with such an accusatory tone, but if you had any it would have vaporized the second you responded, not with proof, but with an asinine reply that you don't recall using my handle IN YOUR PREVIOUS POST.
Jeez... the imbecility of some people.

edward0275

April 17, 2010 - 6:07 pm EDT

Thanks for proving my point. That "asinine reply" you mention, is a direct quote from YOU on a previous N&R post - but you wouldn't remember. And here is the reply from the person you were trying to belittle:
MR.SOFTBALL27
December 3, 2009 - 5:24 pm EST

What are you a 100 years old or are do you just have a that short of a memory, I am the guy from the prayer in meetings story on 11-12-09 that you said needed to go to a Klan meeting and had the momma jokes, but you probably want remember that either but I don't forget stuff like that and I promise you I don't and I don't appreciate it either. PEOPLE LIKE YOU that just run off at the mouth and don't remeber what they say is what is wrong with this country today, word of advice if you can't remember what you say keep that trap shut of yours!

edward0275

April 17, 2010 - 6:11 pm EDT

And here was you nice reply to that: Sorry, but it doesn't take long for those of no consequence to disappear from my memory.

wscbd

April 17, 2010 - 6:37 pm EDT

First of all, the onus is still on you to show that this exchange you mention occurred ONE day after the initial contact.
Secondly, should I be expected to remember every virtual person that I converse with? This is not a social networking site. I am not here to be your friend. The purpose of these talkback sections is to discuss the articles. Who you are is of no consequence. Now, you still have yet to provide evidence of your initial accusations, and your credibility continues to dwindle.

ilikegso

April 17, 2010 - 8:28 am EDT

Don,
Did you ever think that the officials didn't want to mention the name to the public yet because they are still hashing out parts of the deal. And maybe if they announced it in public too soon, it might jeopardize the project? Good job gumshoe. Hope you didn't ruin it.

nclawkid

April 17, 2010 - 11:40 am EDT

I think the county should approve the request. The previous article stated it would create 150 jobs at an average salary in excess of $60,000, much higher than the county's average of around $40,000. Further, the county will easily recoup its money over the life of this project because American Express's invest is so high.

Lastly, American Express has been a great corporate citizen in Greensboro and Guilford County, giving generously to the arts and civic and community projects. We should strengthen that relationship.

HotRodLincoln

April 17, 2010 - 10:30 pm EDT

I'm not lying, I'm not exaggerating. I'm truly happy the economy is improving. There were four announcements of new jobs coming to NC printed in the N&R this week and one possible, this story. I'm sorry if it upsets some people that this recession is letting up. The Dow is up 4,000 points since Obama took office and the jobs are slowly coming back. Now if they can manhandle the Republicans into a little bank regulation so this doesn't happen again we'll be in even better shape.

eMail Updates

Advertisement | Advertise with Us

Featured Ads

Search

Advertisement | Advertise with Us
Advertisement | Advertise with Us
Advertisement | Advertise with Us

News & Record Network Sites

User Tools

  • Social Networking
  • RSS
  • Share
  • Sign in to MyNR

Search