Apple announces plans to repatriate billions in overseas cash, says it will contribute $350 billion to the US economy over the next 5 years

URLhttps://www.cnbc.com/2018/01/17/apple-announces-35
SourceCNBC
Date Published01/17/2018
Author NameAnita Balakrishnan
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Apple
Parent companyApple
Type of work Manufacturing
If manufacturing, is the company an OEM? Yes
Reshoring category:Reshoring
Total number of jobs (added or to be added):104000
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2018
Capital investment ($):30000
Country(ies) from which reshored:United States
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredapple products
What domestic positive factors made reshoring more attractive?Government Incentives, Image/brand (customer preference for U.S. made), Proximity to customers/market
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