Apple to build new $1 bn campus in Texas

Apple to build new $1 bn campus in Texas

Apart from making smartphones with amazing features and mind-blowing specification (Also Expensive), Apple is also about adding value to the economy.

In view of this, Apple Inc is investing $1 billion to build a new campus in North Austin, Texas. And apart from that, spend another $10 billion for new data centers as part of a five-year investment aimed at creating 20,000 jobs in the United States.

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This development was made known through a press release from the company, on Thursday. And in addition, it would also to set up new sites in Seattle, San Diego and Culver City, California and expand operations in Pittsburgh, New York and Boulder, Colorado over the next three years.

The 133-acre campus will initially accommodate 5,000 additional employees, with the capacity to grow to 15,000, and is expected to make Apple the largest private employer in Austin.

Jobs created at the new campus will include a broad range of functions including engineering, R&D, operations, finance, sales, and customer support.

At 6,200 people, Austin already represents the largest population of Apple employees outside Cupertino.

Apple to build new $1 bn campus in Texas

Speaking about the project, Texas Governor Greg Abbott said, “Apple is among the world’s most innovative companies and an avid creator of jobs in Texas and across the country.”

“Their decision to expand operations in our state is a testament to the high-quality workforce and unmatched economic environment that Texas offers. I thank Apple for this tremendous investment in Texas, and I look forward to building upon our strong partnership to create an even brighter future for the Lone Star State.”

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Apple CEO Tim Cook on his part stated, “Apple is proud to bring new investment, jobs, and opportunity to cities across the United States and to significantly deepen our quarter-century partnership with the city and people of Austin”

“Talent, creativity and tomorrow’s breakthrough ideas aren’t limited by region or zip code, and, with this new expansion, we’re redoubling our commitment to cultivating the high-tech sector and workforce nationwide.”

This initiative became necessary since the Cupertino-based company has faced increasing political pressure to ramp up investments at home since 2016, when then presidential candidate Donald Trump targeted the company for using Asian factories for the bulk of its manufacturing.

It is also important to note that Apple gets over half its revenue from outside the United States.

You will also recall that Amazon just last month said it will build a new headquarters divided between Long Island City in New York and Crystal City, across the Potomac River from Washington, DC. Also pointing out that this $5 billion investment will create 50,000 jobs.