In December 2012, Apple said it would once again locate some of its manufacturing operations in the United States, about 10 years after it halted production here. Apple said it would spend about $100 million to manufacture Mac computers in the United States. The company reported that it sold 4.1 million Macs during the fiscal quarter that ended in December 2012, down from 5.2 million during the same period in 2011.
“Next year we’re going to bring some production to the U.S.” Apple’s Chief Executive Officer Tim Cook told Bloomberg Businessweek.
The consumer electronics giant is the latest in a growing list of major corporations to return at least a portion of their manufacturing operations to the United States. President Barack Obama highlighted the trend in his State of the Union Address in February 2013, noting the examples of Apple, Ford Motor Company and Caterpillar.
Industry observers cite several factors for such relocations, including rising prices for natural gas and oil in China and other developing nations, as well as shrinking wage gaps between U.S. and overseas workers. The lower transportation costs and faster time-to-market associated with U.S.-based manufacturing may also help sway companies to return stateside, where they can unite their design, engineering and production operations.
In December 2012, Apple said it would once again locate some of its manufacturing operations in the United States, about 10 years after it halted production here. Apple said it would spend about $100 million to manufacture Mac computers in the United States. The company reported that it sold 4.1 million Macs during the fiscal quarter that ended in December 2012, down from 5.2 million during the same period in 2011.
“Next year we’re going to bring some production to the U.S.” Apple’s Chief Executive Officer Tim Cook told Bloomberg Businessweek.
The consumer electronics giant is the latest in a growing list of major corporations to return at least a portion of their manufacturing operations to the United States. President Barack Obama highlighted the trend in his State of the Union Address in February 2013, noting the examples of Apple, Ford Motor Company and Caterpillar.
Industry observers cite several factors for such relocations, including rising prices for natural gas and oil in China and other developing nations, as well as shrinking wage gaps between U.S. and overseas workers. The lower transportation costs and faster time-to-market associated with U.S.-based manufacturing may also help sway companies to return stateside, where they can unite their design, engineering and production operations.
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