North Carolina received major news on Monday when the tech giant Apple announced it will spend $1 billion on a new campus in the Research Triangle Park.
The development comes as part of an effort by Apple to increase investment as the U.S. begins rebuilding from the COVID-19 pandemic, according to a statement from the company.
“I’m proud to announce that Apple will build its first entirely new campus — an engineering hub — in the United States in more than 20 years right here in the Research Triangle Park,” said Governor Roy Cooper, speaking with the media on Monday morning.
The $1 billion investment from Apple is expected to bring 3,000 new jobs to the Triangle area in machine learning, artificial intelligence, software engineering and other fields. In addition, the campus is expected to bring $1.5 billion in revenue to North Carolina.
Cooper said he spoke with Apple CEO Tim Cook about the news, saying that the significant investment means the tech company is in it for the long haul in North Carolina.
“Tim Cook told me on Saturday with this announcement, Apple is showing that they’re just not creating jobs and building a new campus, they want to be a committed partner with our state for the longterm. I told him that we look forward to that partnership.”
With UNC as a key piece of the Research Triangle region, Chancellor Kevin Guskiewicz shared his thoughts on Monday as well, saying he was “thrilled and excited” to welcome Apple to the state.
“This is a huge win for our region and the state of North Carolina,” Guskiewicz said, “and I’m looking forward to the opportunities this provides our students and faculty researchers for years to come. Carolina will play an important role in preparing the workforce for Apple as a leading global public research university and will partner with Apple through strategic research initiatives.”
The UNC chancellor added the announcement of Apple’s arrival pairs well with UNC’s upcoming launch of a new data science initiative, which will be formally announced in the coming weeks.
UNC System President Peter Hans said UNC and other UNC System universities are “positioned to be the training ground for Apple’s future workforce.”
Staff for the UNC Kenan-Flagler Business School, one of the top in the world, also shared their excitement, examining how the addition of Apple to the Research Triangle further expands how Carolina students can get involved with global companies.
Part of Apple’s announcement on Monday is the company also plans to establish a $100 million fund to support schools and community initiatives. No timeline of the creation of the North Carolina Apple campus, its first on the east coast, has been shared.
Photo via Robert Willett.
Chapelboro.com does not charge subscription fees. You can support local journalism and our mission to serve the community. Contribute today – every single dollar matters.
Related Stories
‹
UNC's Morehead-Cain Foundation Receives $10 Million GiftThe Morehead-Cain Foundation received its largest ever single donation from an alumnus in September. The $10 million gift from an anonymous donor will help the foundation keep providing scholarships to more UNC students for years to come. The gift did not come with any conditions or requests to alter the scholarship program in any way, […]
UNC Capital Campaign Hits $5 Billion Milestone Ahead of End DateUNC announced Saturday it recently surpassed another major benchmark in its ongoing capital campaign: $5 billion. The university shared a release with the Campaign for Carolina update, as gifts from more than 215,000 donors reached the total just one month before the five-year fundraising effort comes to a close. The Campaign for Carolina launched in […]
UNC Officially Begins Business School Expansion, Shares Concept ArtWork to expand UNC’s Kenan-Flagler Business School officially got underway Thursday morning, as a groundbreaking ceremony was hosted in the school’s plaza area. While plans and fundraising work to create an expansion to the nationally-recognized school have been ongoing for years, the $150 million renovation earned the formal stamp of approval from Chancellor Kevin Guskiewicz. […]
![]()
On Air Today: David Routh on UNC's Campaign for CarolinaUNC Vice Chancellor for Development David Routh joins 97.9 The Hill's Brighton McConnell to discuss the Campaign for Carolina on Thursday, January 13. With the fundraising effort hitting its ambitious goal a year earlier than anticipated, what comes next? Routh also shares thoughts on what the variety of donations means for the state's relationship with the university and the vision for these private gifts.
UNC Using Emergency Fund to Aid Students Impacted by COVID-19A UNC emergency fund is aiming to help students financially impacted by COVID-19, which disrupted the university’s spring semester. The university announced Friday morning the Carolina Student Impact Fund is now being used to help students face any unexpected financial burdens due to the ongoing spread of the new coronavirus. A release from UNC said […]
New UNC Humanities Scholarship Formed by $10 Million GiftStephen Israel, a UNC graduate in the Class of 1966, gifted $10 million to create a new undergraduate humanities scholarship.
UNC's THRIVE Program Using New Home to Help More VeteransThe Matthew Gfeller Center at UNC is known for its leading research on head trauma and injuries for athletes. But the center is now building up a new program to help out a piece of our population: veterans. The THRIVE Program, or Transforming Health and Resilience in Veterans, recently moved to its own, […]
![]()
UNC Hits $4.25 Billion Fundraising Goal Early, Continues to FundraiseCampaign for Carolina, UNC’s campus-wide fundraising drive, launched in October 2017 with the goal of reaching $4.25 billion by December 31, 2022. The university announced Thursday, it met this goal a year early. This makes UNC the eighth public university in the United States to surpass $4 billion in a single campaign.
UNC Will Provide Outreach Program for Veterans with Traumatic Brain InjuriesUNC will establish a new accessible treatment program for military veterans with traumatic brain injuries, thanks to a $12.5 million gift.
UNC Leaders React to Apple's Research Triangle Development AnnouncementNorth Carolina received major news on Monday when the tech giant Apple announced it will spend $1 billion on a new campus in the Research Triangle Park. The development comes as part of an effort by Apple to increase investment as the U.S. begins rebuilding from the COVID-19 pandemic, according to a statement from the […]
›
