Apple to Begin U.S. Insourcing Dec 12, 2012

Printable format  Email this Article  Search

Apple CEO Tim Cook told the media that the company will build some computers in the United States in the near future, and plans a 2013 investment of $100 million to get manufacturing up and running.

$100 million is just a tiny slice of Apple's annual investment in plants, property, and equipment, which totaled $8.295 billion in Apple's 2012 fiscal year. And the investment comes quite clearly as a result of bad publicity the company has received after high-publicity cases of alleged employee abuse and endangerment at the massive Chinese plants owned by its primary contract manufacturer, Foxconn (Hon Hai Precision Industry Co.)

Still, the move to U.S. manufacturing by the world's best-known consumer products firm will be a high-profile event and one that could boost the general "insourcing" trend, in which manufacturers move production back to the United States.

Back to Daily News