Friday, December 14, 2018

Apple to add $1 billion Texas campus and Create Thousands of Jobs in the U.S.

Apple said that it would expand its operations in Austin, Texas, with a new $1 billion campus on the north side of the city that would nearly double the size of the company’s current 6,000-employee workforce in the area.

The technology giant said it also planned to establish new, 1,000-worker operations in San Diego, Seattle and Culver City, California, and to add hundreds of workers in offices in New York, Pittsburgh and Boulder, Colorado, over the next three years.

The new 133-acre campus in North Austin will initially employ 5,000 workers in engineering, research and development, operations, finance, sales and customer support. It will ultimately have the capacity to accommodate up to 15,000 workers. Apple said it expected that its expanded presence would make it the area’s largest employer.

“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,” Tim Cook, Apple’s chief executive, said in a statement.

Apple had become synonymous with hoarding money overseas after deferring tax payments on its foreign earnings for years. In January, it said that it would increase its spending in the United States substantially after last year’s tax cuts led it to bring back most of the $252 billion it had stashed abroad.

The company said at the time that it planned to invest more than $30 billion in the United States over the next five years and to create 20,000 jobs by expanding its operations and adding a new campus.