Share:

Trump Says Tim Cook Has Promised Three New “Big, Big, Big” Apple Plants in U.S.

Share:

In an interview with the Wall Street Journal yesterday, US President Donald Trump said that Apple CEO Tim Cook promised to build “three big plants” in the U.S. as part of the Trump administration’s push to return manufacturing jobs to this country.

The move by Apple, if indeed the case, will help fulfill the Trump administration’s goal of bringing life back to the U.S. manufacturing industry. It is also a surprising one, especially as the company and Cook have openly criticized Trump’s immigration policies.

Much of Apple’s product line, while designed in the U.S., is assembled overseas, primarily in China, where labor costs are lower and the supply chain of components is already in place.

“I spoke to [Mr. Cook], he’s promised me three big plants — big, big, big,” Trump said in an interview with The Wall Street Journal. “I said you know, Tim, unless you start building your plants in this country, I won’t consider my administration an economic success. He called me, and he said they are going forward.”

Apple has yet to comment on the matter, neither confirming nor denying the President’s claims.

Apple said in May that it is responsible for the creation of two million jobs in the US and that the iPhone maker was planning to expand that number by creating a $1 billion fund to invest in companies that do advanced manufacturing in the country.

Share:

Deals