For Stephen Nellis
Apr 26 (Reuters) – Apple Inc said on Monday it will establish a new campus in North Carolina that will house up to 3,000 employees, expand operations in several other US states and increase its spending targets with local vendors.
The tech giant said it plans to spend $ 1 billion building a new campus and engineering center in the Research Triangle area of North Carolina, where most of the work is expected to focus on machine learning, intelligence artificial, software engineering and other technological areas.
This project joins a $ 1 billion campus in Austin, Texas, announced in 2019. The North Carolina Economic Investment Committee approved a labor initiative grant on Monday that could provide Apple with up to $ 845.8 million. dollars in tax refunds over 39 years if the firm meets employment and growth goals.
State officials said the 3,000 jobs are expected to create $ 1.97 billion in new tax revenue for the state over the grant period.
Apple also raised the U.S. spending target to $ 430 billion by 2026, down from a five-year goal of $ 350 billion that Apple set in 2018, which it said it was on track to exceed.
(Reporting by Stephen Nellis in San Francisco. Edited in Spanish by Rodrigo Charme)