Apple has committed to investing another $100 billion in U.S. manufacturing and unveiled a new program to bring more of its advanced manufacturing and supply chain to the U.S.
“Today, we’re proud to increase our investments across the United States to $600 billion over four years and launch our new American Manufacturing Program,” Apple CEO Tim Cook said in a statement published Thursday.
“This includes new and expanded work with 10 companies across America. They produce components that are used in Apple products sold all over the world, and we’re grateful to the President for his support,” Cook added.
Over the next four years, Apple said it plans to directly employ 20,000 people in the U.S., particularly in the areas of research and development, silicon engineering, artificial intelligence and machine learning, and software development. The company currently supports more than 450,000 partner and supplier jobs in all 50 states.
Apple American Manufacturing Program
Apple also launched the American Manufacturing Program, or AMP, to accelerate manufacturing in the U.S. The company’s initial AMP partners include Corning, Coherent, GlobalWafers America, Applied Materials, Texas Instruments, Samsung, GlobalFoundries, Amkor and Broadcom.
Through the program, Apple will expand its partnership with Corning to bring smartphone glass production to a manufacturing facility in Harrodsburg, Kentucky. The two companies will also unveil a new Apple-Corning Innovation Center in Kentucky to advance the development of advanced materials and next-generation manufacturing platforms for Apple’s future products.
Under the program, Apple is establishing an end-to-end silicon supply chain in the U.S., which is on track to build more than 19 billion chips for Apple products in 2025.
In July, Apple signed a multiyear deal to buy American-made rare earth magnets from MP Materials. The two companies will also establish a rare earth recycling line in Mountain Pass, California, and build novel magnet materials and processing technologies to improve magnet performance.
