Apple, Inc. announced April 26 the company would create 20,000 new jobs and spend $430 billion in the U.S. between now and 2026, starting with the construction of a new $1 billion campus and engineering hub near Raleigh, North Carolina.
The consumer-tech giant said its new East Coast campus will create 3,000 jobs in software engineering, machine learning, and artificial intelligence, but didn’t offer a timeline for when it would be operational. In addition, Apple says it will create a $100 million fund for Raleigh-Durham area schools and contribute $110 million in North Carolina infrastructure spending.
Elsewhere in the country, Apple says that construction for its $1 billion Austin, Texas campus is underway and the design of a forthcoming data center in Waukee, Iowa is ongoing. The company said it also plans to hire more employees at its locations in California, Colorado, Massachusetts, and Washington, including a 500% increase in San Diego employees by 2026.
Apple also noted its more than 9,000 U.S. suppliers and touted its investment in those suppliers’ technological innovations.
The announcement comes a little less than a week after Foxconn Technology Group, one of Apple’s most prominent suppliers, renegotiated its own investment deals with the government of Wisconsin. The China-based tech supplier scaled back 2017-era deals to invest $10 billion in a factory and hire 13,000 people to $672 million in investments and 1,454 new hires.
“At this moment of recovery and rebuilding, Apple is doubling down on our commitment to U.S. innovation and manufacturing with a generational investment reaching communities across all 50 states,” said Apple CEO Tim Cook, who characterized the new jobs created by his company as “cutting-edge,” in fields like 5G, silicon engineering, and artificial intelligence.