Reuters: Technology News: Apple to open manufacturing plant in Arizona

Reuters: Technology News Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Fun with Brazilian Portuguese Learn the tips and tricks to speak colloquial Portuguese in a natural and confident manner. Enroll today for just $69! From our sponsors

Apple to open manufacturing plant in Arizona Nov 5th 2013, 01:18 Tweet Share this Email Print Reprints Apple's new iPhone 5S is displayed at an Apple shop in Tokyo's Ginza shopping district, September 20, 2013. Credit: Reuters/Yuya Shino Mon Nov 4, 2013 8:18pm EST (Reuters) - Apple Inc will open a manufacturing facility in Arizona in partnership with mineral crystal specialist GT Advanced Technologies Inc to make sapphire materials for Apple's popular electronics devices. The project will provide 700 manufacturing jobs in the first year and 1,300 construction and associated jobs in Mesa, Arizona, according to a statement by Arizona Governor Jan Brewer on Monday. Apple confirmed the plan, but would not say exactly what components would be made at the new facility or what products they would appear in. GT specializes in "crystal growth equipment" for consumer electronics and other industries. It said on Monday it signed a multiyear supply agreement with Apple to provide sapphire material, which has in the past been used in watches, optical instruments and integrated circuits. There have been reports that device makers are looking at sapphire crystal for use in screens. Apple's push to create jobs in the United States comes after scrutiny of its massive overseas cash reserves and conditions for workers at contract manufacturer facilities it uses in China. The move also signals a tentative revival in U.S. manufacturing. Earlier this year, Apple revealed plans to build computers at a site in Austin, Texas, while Google Inc's Motorola unit decided to assemble its new Moto X phones in the same state. Big corporations such as Caterpillar Inc and General Electric Co have been shifting some production back to home soil over the past few years. Last month Wal-Mart Stores Inc announced a campaign to buy more U.S.-made goods. GT said it will own and operate the furnaces to produce the sapphire material, but Apple will own the Arizona facility. Under the terms of its supply deal, Apple will give GT a prepayment of about $578 million, which GT will pay back to Apple over five years, starting in 2015, GT said. (Reporting by Bill Rigby in Seattle; Editing by Lisa Shumaker) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions