Apple to establish new campus in North Carolina; increases hiring target and U.S. spending target

Apple on Monday unveiled its plan to establish a new campus in North Carolina, which will house up to 3,000 employees. It will also expand its operations in several other U.S. states and increase its spending targets with U.S. suppliers.

The plan to build a new campus and engineering hub in the Rectangle Triangle area of North Carolina would cost around $1 billion. It is expected that most of the jobs will be from machine learning, software engineering, artificial intelligence and other technology fields.

The tech giant also pledged to spend $100 million to supports schools in the Raleigh-Durham area of NC. Another $110 million would be contributed by the company for the infrastructure such as roads, bridges, broadband internet and public schools in 80 NC counties.

“As a North Carolina native, I’m thrilled Apple is expanding and creating new long-term job opportunities in the community I grew up in,” stated Jeff Williams, Apple’s CEO.

In order to reach the goal of 20,000 new jobs by 2026, Apple has also expanded its hiring targets at other U.S. locations. Along with this, the company has started new facilities in Massachusetts, Colorado, and Washington State.

Apple’s planning to hire 5,000 people in San Diego, 3,000 in Culver City in the Los Angeles area.

Initial U.S. spending target set at $350 billion for five-year in 2018, Apple has increased it to $430 billion by 2026.