On Monday, Apple said it would increase its spending in the United States by 20%, or $ 80 billion, over the next five years, and it plans to build a new office in North Carolina.
The company says it will invest more than $ 1 billion in North Carolina, with a new office in the Raleigh-Durham area and at least 3,000 new jobs there. Many of those jobs will be in high-tech fields like machine learning and artificial intelligence.
Total spending includes the company’s operations in Cupertino, California, headquarters and nationwide data centers, as well as taxes paid by the company. But Apple also announced some new investments.
Apple says it is expanding in San Diego, Boston, Seattle and Boulder, Colo Company also announced a $ 100 million investment with a supplier named XPO Logistics to create an advanced distribution center at Clayton. , Ind., A small town outside of Indianapolis.
Apple said it was on track to achieve its 2018 goal of creating 20,000 new jobs in the US by 2023. On Monday, it set a new target to have 20,000 more jobs in the United States in five years. next. Those jobs include some people hired directly by Apple but also have positions at Apple’s data center and suppliers. Apple says those jobs now include dozens of TV products across 20 states for its Apple TV + video streaming service.
The company says its overall spending will reach $ 430 billion in the United States over the next 5 years.
In 2018, the company said it would spend $ 350 billion on the country over the next five years. That includes a one-time $ 38 billion tax payment for transferring billions of dollars held overseas under the new tax law signed by former President Donald J. Trump. Under the law, Apple has saved about $ 43 billion, more than any other company.