Apple outlines plans for another US campus
Apple has announced plans to build a new campus in the United States, in addition to the recently completed Apple Park, as part of a major investment and job creation strategy.
The tech company's giant Foster + Partners-designed campus has barely finished, but Apple already has its sights on another construction venture ? away from its headquarters in Cupertino, California.
"The company plans to establish an Apple campus in a new location, which will initially house technical support for customers," said a statement released yesterday. "The location of this new facility will be announced later in the year."
No details were released about who will design the new facility, or how big it will be. However, Apple anticipates it will create over 20,000 new jobs at its existing campuses and the proposed new site over the next five years. Apple will add $350 billion to US economy over next five years
The new campus forms part of a wider set of investments that Apple says will bolster the US economy, including spending with domestic suppliers and manufacturers.
The company predicts that it will contribute $350 billion to the US economy over the next five years, not including tax payments, revenues from employees' wages, and product sales.
Apple is also due to pay approximately $38 billion in repatriation tax on its overseas cash, following president Donald Trump's recent changes to tax law.
"Apple is a success story that could only have happened in America, ...
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