Apple to expand in Boulder
Apple will add 700 jobs in Boulder as part of a $430 billion investment in the U.S. Courtesy Apple
Apple will expand to 700 jobs in Boulder as part of a nationwide investment of $430 billion in U.S. projects and addition of 20,000 new jobs nationwide over the next five years.
Boulder Economic Council executive director Scott Sternberg called the tech giant’s move “great news for Boulder” and credited the region’s higher-education and federally funded research institutions with fostering an innovative business ecosystem in which Apple wants to invest.
The announcement constitutes an increase in Apple’s previously announced five-year U.S. investment goal of $350 billion, an announcement made in December 2018.
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Apple plans to vastly increase its engineering footprint in San Diego, pledging to grow its local workforce to more than 5,000 employees over the next five years.
The iPhone maker laid out its growth blueprint for the region on Monday as part of a commitment to invest $430 billion and add 20,000 new jobs across the U.S. by 2026.
Apple’s move to accelerate U.S. investment includes a new $1 billion, 3000-worker campus in North Carolina focused on machine learning and artificial intelligence. It also plans to expand an existing corporate center in Culver City to accommodate 3,000 workers.
Boston and Seattle are targeted for growth as is Austin, which is in the throes of a $1 billion campus expansion. Iowa will be the home of a new data center.
Editor’s note: This is a breaking story and will be updated.
CUPERTINO, CALIFORNIA Apple will expand to 700 jobs in Boulder as part of a nationwide investment of $430 billion in U.S. projects and addition of 20,000 new jobs nationwide over the next five years.
The announcement constitutes an increase in Apple’s previously announced five-year U.S. investment goal of $350 billion, an announcement made in December 2018.
“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,” Apple CEO Tim Cook said in a prepared statement. “We’re creating jobs in cutting-edge fields from 5G to silicon engineering to artificial intelligence investing in the next generation of innovative new businesses, and in all our work, building toward a greener and more equitable future.”