North Carolina increased incentives by $80M to bring Apple to the stateIncentives will be worth a total of $845 million over the next 39 years.
What you need to know
Apple will invest $1 billion in North Carolina over the next 10 years.
New documents from the state reveal it upped its offer of incentives by some $80 million to more than $845 million.
In exchange Apple will create a minimum of 2,700 jobs by 2032, with minimum salaries of $133,000.
New figures from the North Carolina Department of Commerce reveal the state upped its offer of incentives to Apple by some $80 million to secure $1 billion in investment over the next 10 years.
In April Apple annouced $430 billion in US investments and 20,000 jobs, including a $1 billion investment for NC:
As part of its investments and expansion, Apple plans to invest over $1 billion in North Carolina and will begin construction on a new campus and engineering hub in the Research Triangle area. The investment will create at least 3,000 new jobs in machine learning, artificial intelligence, software...
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North Carolina increased incentives by $80M to bring Apple to the state
