White House and Apple Announce $100 Billion Investment
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White House and Apple Announce $100 Billion Investment
Last week, Apple CEO Tim Cook joined President Trump at the White House to announce a new $100 billion investment in American manufacturing.
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From Fox Business:
According to a news release from Apple, the $100 billion represents “…a significant acceleration of its U.S. investment that now totals $600 billion over the next four years. Today’s announcement includes the ambitious new American Manufacturing Program (AMP), dedicated to bringing even more of Apple’s supply chain and advanced manufacturing to the U.S. Through AMP, Apple will increase its investment across America and incentivize global companies to manufacture even more critical components in the United States.”
Apple CEO Tim Cook said in the release, “Today, we’re proud to increase our investments across the United States to $600 billion over four years and launch our new American Manufacturing Program. This includes new and expanded work with 10 companies across America. They produce components that are used in Apple products sold all over the world, and we’re grateful to the President for his support.”
This is only the latest in a long line of corporate investments secured by President Trump. White House spokesperson Taylor Rogers said that “President Trump’s America First economic agenda has secured trillions of dollars in investments that support American jobs and bolster American businesses,” calling the Apple announcement a “win for our manufacturing industry.”
Fox notes that the White House touted Apple as “supporting over 450,000 jobs” across the United States. The tech giant plans to increase its investment in the U.S., expanding its teams and facilities 10 states according to Fox.
President Trump has been laser focused on bringing manufacturing back to America. Let’s pray for more companies to follow Apple’s example, and for God to bolster our nation’s economy!
Share your prayers for American manufacturing below.
(Excerpt from Fox Business. Photo Credit: Official White House Photo by Daniel Torok)
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