“The pledge by Apple Inc. Chief Executive Officer Tim Cook to invest in making Mac computers in the U.S. will probably create about 200 jobs if he follows the pattern of companies such as Lenovo Group Ltd. and LG Chem Ltd.,” Jeff Green, Adam Satariano and Peter Burrows report for Bloomberg.
“Cook, who took over from Steve Jobs last year, said in an interview with Bloomberg Businessweek that Apple will work with partners on the project and put in at least $100 million of its own money. Outside involvement may increase the total,” Green, Satariano and Burrows report. “The investment ‘sounds like a 200-job operation with about a million-unit output,’ said Dan Luria, a labor economist at Michigan Manufacturing Technology Center in Plymouth, Michigan, who studies factory operations. Apple will probably rely on tax breaks and other incentives for the facility, he said.”
Green, Satariano and Burrows report, “Foxconn Technology Group, the Chinese maker of Apple’s iPhone and other products, is a likely partner on the Mac investment, said Michael Hasler, associate academic director for the Supply Chain Management Center of Excellence at the University of Texas, a state where Apple already has operations.”
Read more in the full article here.
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