Apple may be closing in on a location for a new campus it announced earlier this year - and it could end up being located close to Duke University, where CEO Tim Cook and several other top Apple executives went to school.
Apple's decision to open a new headquarters in North Carolina is reportedly a "done deal" as soon as a bill is passed approving a series of incentives for Apple.
Amazon may be garnering numerous headlines, as the Seattle-based e-commerce and tech giant continues the process of picking a location for its second corporate headquarters, which has been dubbed HQ2. However, that does not necessarily mean that North Carolina is the underdog in the bid to attract Apple. Cooper has reportedly been negotiating an incentive package to entice Apple, but such a package is said to still need approval from the North Carolina state legislature.
Apple's plans are part of a pledge the company has made to invest $350 billion in the United States over the next five years, hire 20,000 more Apple employees, and set up a new Apple campus.
"We're narrowing the site selection for a new USA campus, and we look forward to sharing more information on that later this year", Cook said during Apple's call with investors on April 29.
Speaking of which, the company's search for a possible spot in Virginia is apparently on a quieter level than in North Carolina.
The company and political leaders are interested in tailoring a financial incentives package that could seal the deal, as Apple is also reportedly still looking at other states.
North Carolina's Research Triangle region may be a candidate. Governor Cooper and the State General Assembly are now putting together an incentive package that includes 30 years of [county] property tax abatements and adjustments to employee withholding taxes (among other things) that are favorable to Apple.
Apple And Amazon In Northern Virginia?This means that 20,000 new jobs will be created by Apple which is indeed a good thing for the USA economy.
Apple's new "spaceship" headquarters in Cupertino, named Apple Park, has been called an architectural landmark. The region is already suffering from traffic congestion and overcrowding, and so the establishment of new headquarters by two major tech companies might present a host of problems for everybody involved.