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Apple CEO: “We’re going very deep” with US manufacturing
Posted on 5/18/13 at 11:15 pm
Posted on 5/18/13 at 11:15 pm
quote:
And Cook is also promoting a $100 million investment in domestic manufacturing, where the company will begin producing a new version of a current Mac product later this year.
"We’re going very deep in this project," Cook said, noting that not only will the final product be manufactured in the US, but so will many of its components. Arizona, Texas, Illinois, Florida and Kentucky are among the states he mentioned as having parts and assembly located.
Of course, building Macs in the USA isn't a new idea: Apple spent $20 million in 1984 to build a Mac manufacturing plant in Fremont, California. The plant relied heavily on automation and was capable of churning out a pair of fully assembled Macs every minute. The comparatively high overheads of domestic manufacturing took their toll, however, and the plant only made Macs for a few years; it was shuttered entirely in 1992. Steve Jobs tried domestic manufacturing again with NeXT in the early 1990s, building a $10 million factory (also in Fremont) to make the absurdly expensive but surprisingly futuristic cube-shaped computers. This time both the factory and the company both proved unsuccessful.
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Posted on 5/18/13 at 11:27 pm to rickgrimes
Ever since that Auburn grad took over the company has shite the bed over and over. Great decision to bring manufacturing to the US Timmy. Keep spending up that little nest egg you were left with.
In the words of JC...SELL SELL SELL SELL SELL
In the words of JC...SELL SELL SELL SELL SELL
Posted on 5/18/13 at 11:38 pm to I Love Bama
quote:
Ever since that Auburn grad took over the company has shite the bed over and over. Great decision to bring manufacturing to the US Timmy. Keep spending up that little nest egg you were left with. In the words of JC...SELL SELL SELL SELL SELL
Posted on 5/19/13 at 12:01 am to jso0003
$100M investment......$140B in cash in the bank
this won't bankrupt them, actually i think it'll work well bc people already pay a big premium for apple products and now you'll get the whole crowd who wants more made in america stuff. I think it's a good move even if they only produce 3-5% of apple's output
this won't bankrupt them, actually i think it'll work well bc people already pay a big premium for apple products and now you'll get the whole crowd who wants more made in america stuff. I think it's a good move even if they only produce 3-5% of apple's output
Posted on 5/19/13 at 12:06 am to ThaBigFella
quote:
$100M investment......$140B in cash in the bank
this won't bankrupt them, actually i think it'll work well bc people already pay a big premium for apple products and now you'll get the whole crowd who wants more made in america stuff. I think it's a good move even if they only produce 3-5% of apple's output
I wonder if it will help solve their problem of money being overseas and not able to take it home without paying a shite ton in taxes
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