logo
Plus   Neg
Share
Email

Apple To Manufacture Nex-Gen Mac Pro Computers In Austin

Tech giant Apple Inc. (AAPL) announced plans to make its next generation of Mac Pro desktop computer in Austin, Texas.

The latest generation Mac Pro, which was unveiled at Apple's annual Worldwide Developer Conference in June, will begin production soon at the same Austin facility where Mac Pro has been made since 2013.

The Mac Pro is the only major Apple computer to be assembled in the United States. Most of Apple's products, including the iPhone, are assembled in China, which now faces tariff threats.

Apple said the US manufacturing of Mac Pro was made possible after the company received federal product exclusions for import of some parts without paying import tariffs. The value of American-made components in the new Mac Pro is 2.5 times greater than in Apple's previous generation Mac Pro.

"The Mac Pro is Apple's most powerful computer ever and we're proud to be building it in Austin. We thank the administration for their support enabling this opportunity," said Apple CEO Tim Cook in a statement.

Apple said it is on track to fulfill its commitment to invest $350 billion in the US economy by 2023. Last year alone, the company spent over $60 billion with more than 9,000 domestic suppliers across the country, including at manufacturing locations in 36 states.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The National Retail Federation or NRF said that conflicting economic data amid a resurgence in coronavirus cases has made it difficult to predict how steadily the U.S. economic recovery will continue. NRF Chief Economist Jack Kleinhenz noted that based on quarterly and monthly data, the U.S. economic recovery is continuing despite the elevated COVID-19 cases. Ford Motor Company (F) announced that Jim Hackett plans to retire as President and CEO. He will continue as a special advisor to the company through March of 2021. The company has named Jim Farley as new president and CEO. He will join the board of directors, effective Oct. 1. Farley joined Ford in... Google parent Alphabet Inc. has issued $5.75 billion in sustainability bonds, becoming the largest green or sustainability bonds issued by a company until now. This is part of a $10 billion debt offering. Alphabet said the proceeds will be used to fund projects that are environmentally or socially responsible.
Follow RTT