Apple will splash out $1 billion on new Austin campus

Ann Santiago
December 14, 2018

Apple is planning a major expansion of its operations across the USA, including a $1 billion investment in a new campus in Austin, Texas, the company announced Thursday.

In addition to the new $1 billion campus, Apple also said it added 6,000 in 2018 and is on track to generate about 20,000 jobs nationwide by 2023.

U.S. President Donald Trump has also warned of slapping tariffs on iPhones and other Apple products imported from China, a major consumer market for the Cupertino, California-based company. Initially the new campus will have 5,000 employees, but the design allows for an expansion of up to 15,000 people.

Apple has plans to create 20,000 jobs in the United States, including 1,000 new jobs in San Diego, over the next five years.

As it stands, 6,200 people now work for Apple in the Texan capital - the largest cluster outside its headquarters in Cupertino, California. Additionally, Apple has an existing and growing office in Culver City, from which it operates many aspects of Apple Music, iTunes, and its upcoming TV streaming business.

The major expansion announced today comes in several parts, the biggest of which is a new 133-acre campus in Austin with an investment of $1 billion.

Where U.S. companies open new facilities or plants has always had the potential for public and political backlash. It also left open the possibility of expanding elsewhere in the United States "over time".

Apple is planting its flag in Austin, with plans for a new $1 billion corporate campus.

"If we did know the answer, we couldn't tell you", he said.

CIC founder Tim Rowe said he is "thrilled" by Apple's growth plan but did not say whether the company would lease more space in his building.

Rumors have persisted all year that the company would establish a significant office space, Harald said, along with chatter about tech peers Amazon and Facebook setting up shop here, too.

Boston missed out on Amazon's ultra-hyped second headquarters project recently, as the Seattle company instead elected in November to bring tens of thousands of workers to New York City and the Washington suburbs.

"We know that we are a place for high tech and we are excited about the fact that already this year we are headed to 18,000 jobs being announced", Cooper said.

Amazon is expected to hire a total of 50,000 workers, adding 25,000 jobs in both Arlington and Queens.

The firm is already in the process of expanding its data centres in North Carolina, Arizona and Nevada and a year ago announced it was building a new data centre in Waukee, Iowa, forking out £1.3bn for the work.

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