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Apple deepens its ties to a Kentucky plant that produces cover glass for iPhone and Apple Watch
TechXplore· 2025-09-13 10:44
Core Insights - Apple is investing $2.5 billion in Corning's Harrodsburg plant to produce all cover glass for iPhones and Apple Watches, marking a significant commitment to American manufacturing [5][6][10] - Corning plans to triple production capacity and increase its workforce by 50% at the Harrodsburg facility, which has been associated with Apple since the original iPhone launch in 2007 [4][16] - By the end of 2026, the Harrodsburg plant will exclusively manufacture cover glass for Apple products, enhancing the collaboration between the two companies [9][10] Company Developments - The partnership between Apple and Corning is set to create the largest and most advanced production line for smartphone glass, combining both companies' expertise [8] - Corning's commitment includes proprietary details related to revenue, technology, and advanced manufacturing processes to support Apple's needs [10][11] - An innovation center will be established at the Kentucky plant to foster research and development, bringing together scientists and engineers [11] Workforce Impact - The current workforce of nearly 350 employees at the Harrodsburg plant is expected to grow to at least 500 due to the expansion [16] - Employees express optimism about the stability and growth opportunities that the deepening ties with Apple will bring to the local community [17][18]
Anheuser-Busch Continues to Deliver on Recent $300 Million Commitment to American Manufacturing Jobs
Prnewswire· 2025-08-19 11:00
Core Insights - Anheuser-Busch has announced a $300 million commitment to create and sustain U.S. manufacturing jobs, with a significant investment of $15 million in its St. Louis Brewery [1][4] - The company aims to drive innovation and build a stronger future for American workers, veterans, and the manufacturing industry through this investment [2][4] - The recent passage of the American Beer Act in Missouri is expected to facilitate long-term economic growth and support for local jobs [2][4] Investment and Development - The investment in St. Louis includes funding for supply chain infrastructure to enhance the transportation of American-grown ingredients and iconic beers [4] - Anheuser-Busch's Technical Excellence Center in St. Louis has trained over 2,000 employees and will now open its doors to local trade schools, marking a significant collaboration with the National Association of Manufacturers' Manufacturing Institute [2][4] - Recent investments across various breweries include enhancements in production capacity and equipment updates, such as in Baldwinsville, NY, and improvements in transportation capabilities in Houston, TX [3][8] Workforce and Community Engagement - The company is expanding its digital credentialing system to help veterans translate their military experience into manufacturing skills, promoting career opportunities for veterans [4] - Anheuser-Busch has a long-standing commitment to supporting American farmers, military, veterans, and first responders, contributing to community welfare through initiatives like emergency drinking water donations [6][7]
Trump Plans 100% Tariff on Chips With Carveout for Apple, Others (Full Remarks)
Bloomberg Technology· 2025-08-07 11:40
Investment & Manufacturing - Apple is committing to invest $600 billion in the United States over the next four years, which is $100 billion more than originally planned [2][37] - This investment is expected to directly create more than 20,000 new American jobs, with thousands more at Apple suppliers [4] - Apple is launching an American Manufacturing Program to increase production of critical components in the US [37] - Apple will build a 250,000 square foot server manufacturing facility in Houston and invest billions in data centers across the country [9] - Apple will open a manufacturing academy in Detroit [9] Supply Chain & Production - Apple is increasing spending on its domestic supply chain for the iPhone [5] - Apple will build the largest and most sophisticated smart glass production line in Harrodsburg, Kentucky [5][41] - Every new iPhone and Apple Watch sold globally will contain cover glass made in Kentucky [41] - American manufacturers are on track to make 19 billion chips for Apple in 24 factories across 12 states this year [40] - Apple is committed to buying American-made advanced rare earth magnets developed by MP Materials [40] - Apple will help develop and manufacture semiconductors and semiconductor equipment in Texas, Utah, Arizona, and New York [13] Trade & Tariffs - The US is considering a tariff of approximately 100% on chips and semiconductors coming into the United States, but companies building in the US will be exempt [31][32] - Tariffs are bringing in hundreds of billions of dollars [26][27] Economic Impact - The US economy grew at 3% in the second quarter [22] - Consumer confidence is surging, and blue-collar wages are rising rapidly [22]
ANHEUSER-BUSCH ANNOUNCES NEW $300 MILLION INVESTMENT IN MANUFACTURING OPERATIONS ACROSS THE U.S.
Prnewswire· 2025-05-12 11:00
Core Viewpoint - Anheuser-Busch announces a $300 million investment in U.S. manufacturing facilities, reinforcing its commitment to job creation and economic prosperity [1][5][12] Group 1: Investment and Economic Impact - The company has invested nearly $2 billion over the past five years and plans to invest an additional $300 million in 2025 [6][7] - This investment aims to create and sustain manufacturing jobs, enhance operations, and meet evolving consumer demand [7][12] Group 2: Workforce Development - Anheuser-Busch is expanding its Technical Excellence Center model, which has benefited over 1,200 employees since 2022, with a new facility in Columbus, OH [8][9] - The company is partnering with local trade schools to provide access to technical training for students and educators, thereby developing a talent pipeline for manufacturing careers [9][10] Group 3: Support for Veterans - Anheuser-Busch is leading the industry by adopting a new digital credentialing system to help veterans transition into manufacturing careers [10][11] - More than 10% of the company's workforce consists of veterans, with a nearly 100% retention rate [11]