Bgin Selected for $8 Million Data Mining Venture in City of York

Bgin has selected the City of York as the location for their next data mining complex. Bgin expects the project to be an $8 million project that will create five to eight jobs. The data mining project will bring about thirty units of computer servers and an office to the north end of the city-owned industrial plot near the Nebraska Public Power District headquarters.

As Lisa Hurley, executive director of the York County Development Corporation explains, “Data mining development fits York well because it brings sizable new revenues and new investments to the community without competing for workers in this tight job market. We anticipate seeing construction yet in 2022.”

At a previous city council meeting, Nicole Sedlacek, Nebraska Public Power District Economic Development Manager, presented information on data mining as a valuable economic development opportunity for York. Data mining operations generate revenues for the city through the city's electricity lease agreement with NPPD as well as city sales tax revenues on electricity sales.

Mayor Redfern notes that “Bgin's purchase of the city's industrial lot to develop their data mining business provides an opportunity for the city to move into a cutting-edge technological industry. I have met with the company, and I look forward to their partnership.”

York provides an attractive location for data mining because of the low electric rates and energy capacity that NPPD provides in the area that can be put to data mining uses.

Bin Shu, BginUSA manager from the Omaha office stated, “We selected the City of York not only because it can provide the power that we need, but also because of the intelligent and hardworking people we've met there. The people make the difference we need to succeed.”