Microsoft buys Wisconsin land; plans $1 billion data center

Microsoft's project was approved in Racine, Wisconsin
The company will spend $50 million for 315 acres in Mount Pleasant.
Microsoft plans to build a $1 billion data center on the site.
The company must begin construction within the next five years and complete it over the following 15 years.
<s>The project will be located near a Foxconn production facility.