Apple Will Invest $304 Million In New Austin Campus, Doubling Its Presence, Hiring 3,600 Workers

Posted on Mar 10 2012 - 6:40am by Editorial Staff

Texas Governor Rick Perry announced that the Cupertino-based Apple will add a new Austin-based campus in order to double its presence in Texas. The company will be investing around $304 million in the plan, which includes hiring of 3,600 workers over the next decade. There are not much “specific” details about this upcoming campus is stated, but Apple will be receiving $21 million from Texas over ten years period as part of the state’s business incentives program.

“Apple is known for its bold innovation and game-changing designs, and the expansion of their Austin facility adds to the growing list of visionary high-tech companies that have found that Texas’ economic climate is a perfect fit for their future, thanks to our low taxes, reasonable and predictable regulations, fair legal system and skilled workforce” Gov. Perry said. “Investments like this further Texas’ potential to become the nation’s next high-tech hub.”

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