Daikin Applied building $163M Twin Cities R&D facility
Daikin Applied Americas announced plans to build a $163 million research-and-development facility in the Twin Cities, focusing on advanced cooling needs driven by the growth of artificial intelligence and cloud computing. The project adds a major corporate investment to the metro’s tech and manufacturing ecosystem; further details on site, timeline and hiring were not disclosed in the preview.
📌 Key Facts
- Company: Daikin Applied Americas
- Investment: $163 million
- Location: Twin Cities metro
- Focus: Cooling technologies for AI and cloud computing
- Announced: December 9, 2025
📊 Relevant Data
Data centers accounted for 4% of total U.S. electricity use in 2024, with energy demand expected to more than double by 2030.
US data centers' energy use amid the artificial intelligence boom — Pew Research Center
As much as 40% of data center total annual energy consumption is related to the cooling systems.
Reducing Data Center Peak Cooling Demand and Energy Costs with Underground Thermal Energy Storage — National Renewable Energy Laboratory
Minnesota's naturally cooler climate helps reduce cooling loads for data centers, lowering energy use and operational costs.
Why Minneapolis as a Digital Infrastructure Destination? — Cologix
Worldwide data center electricity consumption is estimated to rise from 448 terawatt hours in 2025 to 980 terawatt hours by 2030.
Gartner Says Electricity Demand for Data Centers to Grow 16% in 2025 and Double by 2030 — Gartner