Apple says it's on track to open a second campus in the U.S. that will pour billions of dollars into the economy.In a statement issued yesterday, the company said it "plans to establish an Apple campus in a new location, which will initially house technical support for customers." The location of the new facility will be announced later this year.
Apple says they plan to contribute $350-billion dollars to the U.S. economy over the next five years, creating 20-thousand new jobs in the process. This will be accomplished through hiring at existing campuses and opening the new one.The company is the latest to announce new payouts tied to the tax bill, a landmark win for President Trump and the Republican-led Congress. The bill says lower corporate tax rates should lead to faster job growth, higher corporate profits and steeper wages.
Trump was quick to praise the victory, tweeting, "I promised that my policies would allow companies like Apple to bring massive amounts of money back to the United States. Great to see Apple follow through as a result of TAX CUTS. Huge win for American workers and the USA!"
Source: USA Today