Apple to Build New Campus in Austin

Date : 12/13/2018 @ 9:29AM
Source : Dow Jones News

Apple to Build New Campus in Austin

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By WSJ Staff 

Apple Inc. said on Thursday it plans to invest $1 billion to build a new campus in Austin, Texas, near its existing facilities.

The tech giant, based in Cupertino, Calif., said it would open new offices in Seattle, San Diego and Culver City, Calif.--adding more than 1,000 employees in each place. It also plans to add hundreds of jobs in cities including Pittsburgh, New York, Boulder, Colo., Boston and Portland, Ore. over the next three years.

In Austin, where the iPhone maker already employs more than 6,000 people, the new 133-acre campus will have the capacity to grow to accommodate 15,000 employees, with new jobs covering engineering, research and development, operations, finance, sales and customer support.

Apple said it added 6,000 jobs in the U.S. this year, bringing its American workforce to 90,000, and is on track to create 20,000 jobs in the country by 2023.

The company plans to invest $10 billion in U.S. data centers over the next five years, including $4.5 billion this year and next.

Apple in January announced plans for a new campus to house technical support staff, but since then had said little about the search effort--in contrast with Amazon's well-publicized effort to find a second headquarters city. The e-commerce giant last month picked New York City and northern Virginia for its HQ2 locations.

 

(END) Dow Jones Newswires

December 13, 2018 04:14 ET (09:14 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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