Google pledges to invest over $50 million in Oregon this year
Tech giant Google announced April 13 its plans to invest more than $50 million in Oregon during 2022.
In The Dalles, where Google built its first ever data center in 2006, plans include continued investment and future growth. This could include the option for Google to build up to two additional data centers near the existing site under recent agreements with the City of the Dalles and Wasco County, according to the company.
In March 2022, Google opened its expanded office in Portland's Meier & Frank building — an 80,000-square-foot office on two floors. Google began transitioning to a hybrid model for employees to come back into the office starting April 4, according to the company.
"We're excited to see Google welcoming employees back to its office in downtown Portland as it continues its growth here and across our state. Returning workers are critical for the revitalization and vibrancy of our downtown," said Portland Mayor Ted Wheeler. "Google's innovation is part of the engine that powers so many other businesses and industries and we're grateful for their commitment to our region and its future."
This comes as part of the company's plans to invest $9.5 billion in data centers and offices nationally, and create 12,000 jobs at Google, according to the company.
Google has been operating in Oregon for more than 15 years already and has created over 200 jobs here. Sundar Pichai is the CEO of Google and parent company Alphabet.
"Google's offices and data centers provide vital anchors to our local communities and help us contribute to their economies. As we embrace more flexibility in how we work, we believe it's more important than ever to invest in our campuses and that doing so will make for better products, a greater quality of life for our employees, and stronger communities," Pichai said. "That's why we're planning to invest approximately $9.5 billion in U.S. offices and data centers this year, creating more than 12,000 Google jobs in communities across the country."
According to Google's 2021 Economic Impact Report for Oregontoday, the company helped provide $6.2 billion in economic activity for thousands of businesses, publishers and nonprofits in Oregon in 2021.
As part of its new efforts, Google is further committing an additional $185 million to the Opportunity Finance Network grant program and Grow with Google Small Business Fund, which have already delivered more than $15 million in low-interest loans to more than 50 community development financial institutions and others in Oregon, including Black-owned businesses, the company said.
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