Apple's new US campus most likely to spring up in northeast, report argues
With the company having ruled out California and Texas, Apple's next big U.S. campus is most likely to pop up in a northeastern state, a report argued on Wednesday.
Those candidates include the likes of New York, Massachusetts, Pennsylvania, and Washington, D.C., Bloomberg said. In choosing those states, the business publication considered cities where Apple already has a corporate presence, and the 15 top cities in terms of tax handouts and strong local business environments, as judged by Moody's Analytics.
There are potential states further afield, among them Florida, Illinois, Washington, and Wisconsin. The northeast would have extra advantages however, particularly the ability to take tech support calls before the company's existing support centers open in Austin, Tex. and Elk Grove, Calif. Apple has said that the new campus will initially focus on AppleCare.
The northeast also has plentiful public transporation networks, and large concentrations of domestic suppliers -- 804 in New York, 379 in Massachusetts, and 253 in Pennsylvania. Illinois (493) and Ohio (194) also have significant supplier networks.
The campus is part of an Apple pledge to pump $350 billion into the U.S. economy during the next five years, other contributions including a $38 billion tax payment on repatriated foreign reserves, and manufacturing and data center investments.
The list is very similar, but not identical, to Amazon's declared second headquarters candidates.
Unlike Amazon's HQ2, Apple has said it will avoid any auction-like process. The company has already narrowed down its list of cities without making the list public -- a formal announcement should be made later this year.
Those candidates include the likes of New York, Massachusetts, Pennsylvania, and Washington, D.C., Bloomberg said. In choosing those states, the business publication considered cities where Apple already has a corporate presence, and the 15 top cities in terms of tax handouts and strong local business environments, as judged by Moody's Analytics.
There are potential states further afield, among them Florida, Illinois, Washington, and Wisconsin. The northeast would have extra advantages however, particularly the ability to take tech support calls before the company's existing support centers open in Austin, Tex. and Elk Grove, Calif. Apple has said that the new campus will initially focus on AppleCare.
The northeast also has plentiful public transporation networks, and large concentrations of domestic suppliers -- 804 in New York, 379 in Massachusetts, and 253 in Pennsylvania. Illinois (493) and Ohio (194) also have significant supplier networks.
The campus is part of an Apple pledge to pump $350 billion into the U.S. economy during the next five years, other contributions including a $38 billion tax payment on repatriated foreign reserves, and manufacturing and data center investments.
The list is very similar, but not identical, to Amazon's declared second headquarters candidates.
Unlike Amazon's HQ2, Apple has said it will avoid any auction-like process. The company has already narrowed down its list of cities without making the list public -- a formal announcement should be made later this year.
Comments
All welfare comes from somewhere, corporate welfare is no exception.
City and state officials get to brag during campaigns about all those jobs they created by making deals with these giants while in reality the working class is losing out.
If you don't live in a city experiencing hyper gentrification than nothing I say will mean anything to you. To give you an example of how bad sucking up to huge corporations promising great jobs look at the destruction Walmart has done to small cities in the USA. With big tax breaks they set up shop, undercut every small business in town which employs locals. Small business soon close and the only option for employment or shopping is Walmart. Once the tax incentives have expired Walmart will ditch that store and move to the next town offering them a tax break.
i did mention that I live in NYC. Maybe you didn’t read that. I’ve lived here my entire 68 years, so I know the city pretty well.
when a large company decides to come in, as Apple may, they have good reasons. If Apple could employ 10,000 people in another major call center, that would be a very good thing. A large number of these employees would be those with qualifications who are out of work. Some could be on unemployment, costing the system. Others could be off unemployment, costing the system, including, possibly, family and friends. The majority could come from other Jobs. Possibly they would like to work for a large company with healthcare, other benefits, and a good pension. Many of the things a large company offers, small companies can’t, or just don’t.
people leaving those other jobs would cause a vacuum, with those employers now required to hire replacements. This would be in the same situation, some unemployed, some employed. Down the line is a large net increase in employment, with the resulting taxes paid, additional business springing up, and current businesses enjoying higher sales.
you seem to have some hate for large corporations that is clouding your judgement. While some of those companies aren’t the best, others are very good. There is always reason to be happy about opportunity for increased employment in an area, which is why companies are wined and dined to get them to come.
i can give you one situation that I personally know of. My friends own a hardware store in lower Manhattan. They service individuals, conpanies and building managements. When Home Depot opened their store, not far away, on 23rd st, there was concern from a number of small businesses in the area, and, yes, some were hurt. That’s to be expected with any increased competition, even another small business opening up nearby. They were told that as a hardware store, they could be put out of business, and for several months, business was down.
but an amazing thing occurred. Business picked up again, even to levels above what it was before. Why? Because they offered product and services Home Depot didn’t. Once customers realized that, they got more business than before. What did they do? They reoriented their inventory, and their services to best fit the new situation, and it worked.
Instead of crying about it, they analyzed the situation, and came up with a response.
while not every business can do that, many can, and do.
i don’t even understand what Apple has to do with this, as what they do isn’t done by any other business here, and so they will be a net asset, not a detriment.
The combination of corporate money and government complicity are changing who can live downtown now. I don't hate large corporations per se I believe they are having too big an impact of on how cities have worked and it's citizens have lived.
I know the Home Depot on 23rd street and I did live in Chelsea for some time and most of the small hardware stores have shut with the exception of Kove on 7th Ave. I suspect that business owns that building or they would be gone too. As a small business owner and long time resident of NY I have never seen such a rapid change in the city in regards to empty storefronts, the invasion of chain stores and the obliteration of family run businesses.
when I was in HS, Union Square park was a hangout for drug addicts and dealers, and worse. Most of the buildings were either empty, or housed small trade schools, or cheap clothing distributors. Klein’s department store was there. Now, most of the areas is home for small higher end businesses, and plenty of condo’s and co-ops. The area is filled with younger people, and entertainment. Apple has two stores in the general area.
and again, I do t agree with you. You are apparently looking at different things than I am. But when I was a kid, NYC had 7 million people, now we have over 8.5 million. Small companies can’t provide all the Jobs needed.
Otherwise New York is trying to become the East Coast equivalent of the valley, and with some success from the likes of Amazon, Spotify, Microsoft and dozens of other smaller players. Google for instance was recently reported as investing $B there to further develop their existing East Coast tech center. If it's meant as anything more than an Apple support center New York does make a lot of sense.