Apple To Build $1 Bln Campus In Texas
Fakhir Rizvi Published December 13, 2018 | 06:36 PM
Apple announced Thursday it will build a $1 billion campus in Texas as part of a nationwide expansion.
The facility will be less than a mile from the tech giant's existing facility in Austin and initially accommodate 5,000 additional employees, with room to grow to 15,000.
As it stands, 6,200 people now work for Apple in the Texan capital -- the largest cluster outside its headquarters in Cupertino, California.
Employees at the new campus will work in fields including engineering, R&D, operations, finance, sales and customer support, Apple said in a statement.
"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," Apple CEO Tim Cook said.
"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.
" Apple also said it plans to boost its employee base in regions across the United States over the next three years.
It will expand to over 1,000 employees each at new sites in Seattle, San Diego and Culver City, California, and add hundreds of jobs in Pittsburgh, New York, Boulder, Colorado, Boston and Portland.
Apple said it plans to invest $10 billion in US data centers over the next five years, including $4.5 billion this year and next.
Earlier this month online retail giant Amazon also announced a major expansion, saying it will build a new headquarters divided between Long Island City in New York and Crystal City, across the Potomac River from Washington, DC. It says this $5 billion investment will create 50,000 jobs.
Related Topics
Recent Stories
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
Today Gold Rate in Pakistan 25 April 2024
Mired in crisis, Boeing reports another loss
Session Awarding Ceremony 2024 held at Cadet College Muzaffarabad
Austrian ski great Hirscher to make comeback under Dutch flag
Pakistan, Japan agrees to convene 'Economic Policy Dialogue'
FM Dar conveys deepest sympathy on torrential rains devastation in UAE
Spain PM Sanchez says weighing resignation after wife's graft probe
Tennis: ATP/WTA Madrid Open results - 1st update
Long-lost Klimt portrait auctioned off for 30 mn euros
Osaka seals first win on clay since 2022 in Madrid
Earthquake jolts Karachi
More Stories From Business
-
Foreign exchange rates
13 minutes ago -
Currency Rate In Pakistan - Dollar, Euro, Pound, Riyal Rates On 25 April 2024
2 hours ago -
Today Gold Rate in Pakistan 25 April 2024
2 hours ago -
Meta profits soar but costs of AI cause worry
3 hours ago -
Mired in crisis, Boeing reports another loss
11 hours ago -
Pakistan, Japan agrees to convene 'Economic Policy Dialogue'
11 hours ago
-
British-Pakistani firm unveils $35 million luxury apartments for overseas Pakistanis in Islamabad
12 hours ago -
European stocks lose momentum after global rally
12 hours ago -
New pulses varieties imperative to cater domestic food requirements: Dr Khalid Hasan
13 hours ago -
CEO KP-EZDMC meets CRBC officials
13 hours ago -
Pakistan among nine poor countries that produces 90 percent cigarettes for world
14 hours ago -
Chief Minister Gilgit Baltistan Haji Gulbar Khan calls on Minister for Privatisation
14 hours ago