Key Highlights

  • Apple announces increased spending in US by +20% or $80B over next 5 years
  • Apple building new office in North Carolina

Apple May Be Coming to or Expanding in Your City/State

Apple just announced that the company is increasing its spending in the US by +20% or $80B over the next five years.

 North Carolina is set to have an Apple investment of more than + $1B for a new office building in the Raleigh-Durham area and at least +3,000 new jobs. Many of these new jobs will be in high-tech fields such as artificial intelligence and machine learning.

Additionally, Apple announced it intends to expand operations in San Diego, Boston, Seattle and Boulder CO.  The company will also pinpoint $100M to create an advanced distribution center in Clayton IN for one of its suppliers, XPO Logistics. 

 Apple’s Overall Spending to Increase

In addition to the above capital investments, Apple announced that its overall spending increase will include financial infusions to its Cupertino CA operations, headquarters and data centers around the country, and on the US taxes the company pays.

The company estimates that its overall spending would hit $430B in the US over the next five years.

New American Jobs

Announcing that the company is on track to meet its 2018 goal of creating 20,000 new American jobs by 2023, Apple set another goal of creating +20,000 additional American jobs over these next five years.

Many of these jobs will be direct hires as well as positions at its suppliers and data centers.  Many of these jobs include positions in Apple’s television productions across 20 states that feed Apple TVand its video-streaming service.

Head’s up, real estate agents…all of these workers in these newly created jobs in expanding and brand new Apple facilities need you to help them purchase their new digs around the country.

 

Thanks to Apple and The New York Times.

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