Apple’s $430 Billion US Investment Includes XPO-Run Facility
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XPO Logistics will operate a $100 million “state-of-the-art” facility and distribution center in Clayton, Ind., for technology giant Apple, the company said April 26.
The facility is more than 1 million square feet and is expected to create some 500 jobs.
“We’re thrilled to join Apple in creating hundreds of jobs in this next-generation distribution center,” Malcolm Wilson, CEO of European operations at XPO, said in a statement provided to Transport Topics. “Our team of experts will use the latest technology to quickly fulfill personalized versions of Apple’s iconic products for consumers.”
As we look toward recovery & rebuilding, Apple is investing $430B in US innovation and manufacturing along with 20K new jobs across the country over the next 5 years. The future of American innovation has never been brighter & more environmentally sound. https://t.co/TTxLimSXD4 — Tim Cook (@tim_cook) April 26, 2021
The company is also going to use its automation and robotics technology to accelerate delivery times and personalize products for consumers.
Apple said the move accelerates its U.S. investment by more than $430 billion over the next five years with the expectation of generating 20,000 jobs across the country.
Apple said it is raising its investments because contributions in the United States over the past three years have outpaced its original five-year goal of $350 billion set in 2018.
“At this moment of recovery and rebuilding, Apple is doubling down on our commitment to US innovation and manufacturing with a generational investment reaching communities across all 50 states,” Apple CEO Tim Cook said in a statement. “We’re creating jobs in cutting-edge fields — from 5G to silicon engineering to artificial intelligence — investing in the next generation of innovative new businesses, and in all our work, building toward a greener and more equitable future.”
XPO ranks No. 2 on the Transport Topics Top 50 list of the largest logistics companies in North America. — Transport Topics
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