Compute North, an industry leader in high-powered large-scale data infrastructure, based out of Eden Prairie, Minnesota, has announced Kearney, Nebraska as a critical location to expand their blockchain infrastructure. With existing computing operations in South Dakota and Texas, Compute North provides critical data infrastructure for their clients in the blockchain, cryptocurrency, artificial intelligence, machine learning, and IOT space.
The company has entered into an agreement to begin construction at the tech park with a total investment of up to $7.65M and will create 10 new full-time technology and security jobs.
Dave Perrill, CEO of Compute North stated, “Compute North is leading the charge in providing computing space for the next generation of computing technologies. We expect Kearney to be a location that we can continue to build relationships, source talent from the University of Nebraska at Kearney, and we have ample room at the site to grow our business for the future. Kearney and the Nebraska Public Power District’s leadership has been a critical partnership in making this project a reality for us.”
“We are extremely excited that Compute North has selected Nebraska and specifically the City of Kearney as the location its next computing operations center. NPPD’s economic development rate and large industrial service interruptible rate were key rate products that first attracted Compute North to look strongly at Nebraska and the City of Kearney,” said General Manager of NPPD Retail Tim Arlt. “The collaboration between The City of Kearney, Buffalo County Economic Development Corp, Compute North and NPPD was instrumental in landing the technology company to Central Nebraska.”
The Tech oNE Crossing Technology Park was developed as a partnership between the City of Kearney, the Economic Development Council of Buffalo County, and the Nebraska Department of Economic Development to attract technology companies to greater Nebraska.
“Kearney’s tech park is ready for business thanks to the vision and commitment by the City Council and our partners to invest in the tech park. The tech park is shovel ready and we have had recent successes with the software company of Xpanxion constructing a new building for their employees, and the $11M investment in the solar farm. Compute North is a welcome addition to our community,” said City Manager Michael Morgan.
Darren Robinson, president of the Economic Development Council of Buffalo County stated “Partnerships, community vision, and a determination to succeed has provided Kearney with new and exciting technology investment and employment opportunities. Kearney is very fortunate to have the opportunity to work with the Compute North team who have a passion for this business and share our values and approach to the development.”
“A shovel ready site with electrical infrastructure in place, competitive rates and grid reliability helped bring the Kearney site to the top of the company’s list,” said Nicole Sedlacek, Economic Development Consultant for Nebraska Public Power District. In addition to the investment and job creation, the project will generate tax revenue for the community and the State of Nebraska with the utilization of the electrical infrastructure