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April 29, 2014

Exascale Power coming to MidAmerican Industrial Park

PRYOR —

The world’s largest supercomputer could start up in Pryor.
“This is a one-of-a-kind event for MidAmerica Industrial Park,” said Ted Allison, CeCD, Director of Economic Development for MAIP. “Exascale Power first approached us about this two months ago. They needed a large parcel of land and an extremely large power supply, which we are able to accommodate.”
Allison said Exascale Power, and it’s CEO John Fitzpatrick, expressed interested in a 630-acre parcel in the park.
“After evaluating criteria, we entered into an agreement to sell them that property. They have to make an escrow deposit by Friday at the close of the business day,” said Allison, adding that the total cost of the property is $23,050,000, which breaks down to $36,587 per acre.
If this project goes forward, Allison said, it would be a huge turning point for the park.
“In addition to the revenue from selling the acreage, Exascale has stated their intention is to hire roughly 2,000 employees, half of which would be working in the park,” said Allison, adding that his understanding is that Fitzpatrick would hire these employees by the end of this year.
MAIP has explored temporary housing options for the employees that would be living in Pryor, as the current availability of housing is not sufficient.
“In addition, their starting need in regard to power is 580 megawatts, which they anticipate will quickly grow to 1,000 megawatts, which is unheard of. Special arrangements and agreements will be made with Grand River Dam Authority to supply that massive amount of power,” said Allison.
“I know it all seems almost too big and too good to be true,” said Allison. “But Intel has been working on research and development of exascale computers. If a company the likes of Intel is taking this seriously, that was an indicator to us that we should take this opportunity seriously as well.”

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