Microsoft Loves Fargo
Microsoft will be adding a 120,000-square-foot facility to its sprawling Fargo, ND campus. The computer company's long-range plan is to have 3,800 people working there. That's a huge presence for such a small state (North Dakota has around 635,000 residents).
Microsoft acquired the facility six years ago for $1.1 billion. One of the reasons that the company is able to expand is the low cost of living. Apparently, a $50,000-a-year job in Fargo is equivalent to a $62,000-a-year job in Seattle. There are currently 1,245 Microsoft employees in North Dakota (that's roughly 1 out of every 500 people in the state).
If you're interested in keeping up with Microsoft's latest facility expansions, also check out last month's blog: "Microsoft, Everyone's Favorite Economic Developer".
Sources: Puget Sound Business Journal, Minnesota Public Radio, International Herald Tribune
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Microsoft acquired the facility six years ago for $1.1 billion. One of the reasons that the company is able to expand is the low cost of living. Apparently, a $50,000-a-year job in Fargo is equivalent to a $62,000-a-year job in Seattle. There are currently 1,245 Microsoft employees in North Dakota (that's roughly 1 out of every 500 people in the state).
If you're interested in keeping up with Microsoft's latest facility expansions, also check out last month's blog: "Microsoft, Everyone's Favorite Economic Developer".
Sources: Puget Sound Business Journal, Minnesota Public Radio, International Herald Tribune
Labels: Expansion, Fargo, Microsoft, North Dakota, Site Selection
