Apple is planning a $1 billion investment in North Carolina to construct its first East Coast campus.
Apple revealed plans to spend more than $1 billion in North Carolina to develop the company’s first East Coast campus, which would create at least 3,000 new jobs.
According to an Apple release, the production is part of the company’s effort to increase investment as the United States recovers from the COVID-19 pandemic.
Officials said the North Carolina project is part of a $430 billion pledge to invest and create 20,000 new jobs over the next five years, with teams expanding in Colorado, Massachusetts, Texas, Washington, New York, California, and other states.
The campus and innovation center will be located in Research Triangle Park, which is home to hundreds of other science and technology companies in the Raleigh-Durham area. Thousands of new jobs in machine learning, artificial intelligence, software engineering, and other fields will be created at the center, according to the company.
The project’s precise timetable was not immediately available.
“We are excited to welcome Apple to our thriving technology ecosystem,” said Michael Haley, Executive Director of Wake County Economic Development. “This is an important milestone that strengthens our position as a tech hub. Apple’s decision to invest in the Triangle is a testament to our community’s talent, resources, and overall quality of life.”
Apple also said it plans to establish a $100 million fund to support schools and community initiatives and contribute more than $110 million in infrastructure spending to go toward broadband, roads, bridges and public schools across the state.
The company said it already employs 1,100 workers in North Carolina and expects its investments there to generate more than $1.5 billion in economic benefits annually for the state.
“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,” said Jeff Williams, Apple’s chief operating officer. “Apple has been a part of North Carolina for nearly two decades, and we’re looking forward to continuing to grow and a bright future ahead.”