December 6, 2004 — (WEB HOST INDUSTRY REVIEW) — Wachovia (wachovia.com), the fourth largest bank in the United States, is planning to open a new $400 million data center facility in Birmingham, Alabama, according to a report by the Associated Press.
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The 210,000 square foot facility will initially employ 40 workers, with that number projected to double in the coming years, the report said.
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Wachovia officials reportedly expect the total economic impact of the data center will be more than $6 billion.
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Earlier this year, Wachovia purchased Birmingham-based SouthTrust Corporation for $14.3 billion.
