Apple to open manufacturing plant in Arizona
Apple Inc will open a manufacturing facility in Arizona in
partnership with mineral crystal specialist GT Advanced Technologies Inc
to make sapphire materials for Apple's popular electronics devices.
The
project will provide 700 manufacturing jobs in the first year and 1,300
construction and associated jobs in Mesa, Arizona, according to a
statement by Arizona Governor Jan Brewer on Monday.
Apple
confirmed the plan, but would not say exactly what components would be
made at the new facility or what products they would appear in.
GT
specializes in "crystal growth equipment" for consumer electronics and
other industries. It said on Monday it signed a multiyear supply
agreement with Apple to provide sapphire material, which has in the past
been used in watches, optical instruments and integrated circuits.
There have been reports that device makers are looking at sapphire
crystal for use in screens.
Apple's push to create jobs in the United States comes after scrutiny of its massive overseas cash reserves and conditions for workers at contract manufacturer facilities it uses in China.
The
move also signals a tentative revival in U.S. manufacturing. Earlier
this year, Apple revealed plans to build computers at a site in Austin,
Texas, while Google Inc's Motorola unit decided to assemble its new Moto
X phones in the same state.
Big corporations
such as Caterpillar Inc and General Electric Co have been shifting some
production back to home soil over the past few years. Last month
Wal-Mart Stores Inc announced a campaign to buy more U.S.-made goods.
GT said it will own and operate the furnaces to produce the sapphire material, but Apple will own the Arizona facility.
Under
the terms of its supply deal, Apple will give GT a prepayment of about
$578 million, which GT will pay back to Apple over five years, starting
in 2015, GT said.
Apple Inc will open a
manufacturing facility in Arizona in partnership with mineral crystal
specialist GT Advanced Technologies Inc to make sapphire materials for
Apple's popular electronics devices.
The
project will provide 700 manufacturing jobs in the first year and 1,300
construction and associated jobs in Mesa, Arizona, according to a
statement by Arizona Governor Jan Brewer on Monday.
Apple
confirmed the plan, but would not say exactly what components would be
made at the new facility or what products they would appear in.
GT
specializes in "crystal growth equipment" for consumer electronics and
other industries. It said on Monday it signed a multiyear supply
agreement with Apple to provide sapphire material, which has in the past
been used in watches, optical instruments and integrated circuits.
There have been reports that device makers are looking at sapphire
crystal for use in screens.
Apple's push to
create jobs in the United States comes after scrutiny of its massive
overseas cash reserves and conditions for workers at contract
manufacturer facilities it uses in China.
The
move also signals a tentative revival in U.S. manufacturing. Earlier
this year, Apple revealed plans to build computers at a site in Austin,
Texas, while Google Inc's Motorola unit decided to assemble its new Moto
X phones in the same state.
Big corporations
such as Caterpillar Inc and General Electric Co have been shifting some
production back to home soil over the past few years. Last month
Wal-Mart Stores Inc announced a campaign to buy more U.S.-made goods.
GT said it will own and operate the furnaces to produce the sapphire material, but Apple will own the Arizona facility.
Under
the terms of its supply deal, Apple will give GT a prepayment of about
$578 million, which GT will pay back to Apple over five years, starting
in 2015, GT said.
Read more at: http://indiatoday.intoday.in/story/apple-to-open-manufacturing-plant-in-arizona/1/321663.html
Read more at: http://indiatoday.intoday.in/story/apple-to-open-manufacturing-plant-in-arizona/1/321663.html
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