A study done by a consulting firm for the village of Los Lunas estimates nearly $2 billion in fiscal and economic impacts from Facebook's new data center over 10 years.

The Albuquerque Journal reported the study by California-based David Taussig & Associates came out in December, more than a month after Facebook broke ground.

The study focused on whether the project was expected to generate enough revenues for Los Lunas to offset funding provided through the state Local Economic Development Act.

The study didn't address the cost of water rights or additional infrastructure needed for the data center.

Among the findings, the consultants said if Facebook ends up constructing a total of six buildings, the state could see more than $21 million in revenue for the general fund over a decade.—AP

Today's top stories

Blalock Crews Build TDOT's $67M Newport Bypass

New Bridges Part of Iowa's $114M Madison Avenue Project

Eagle Bridge Co. Works On Final Leg of U.S. 35 Upgrade

SAKAI Achieves Record Sales, Production

Takeuchi Recognizes Top Dealers at 2024 Dealer Summit

Equip Expo's Summer Giveaway Offers a Chance for Lifetime Trade Show Registration, Gift Card, Hotel Stay

Tennessee's Pugmill Systems LLC Expands Its Product Offerings to Include Concrete Plants

ASCENDUM Machinery Opens New Savannah, Ga., Facility