From building a wall to bringing back manufacturing and coal mining jobs, Donald Trump made a lot of promises that critics said could never come true. While Democrats and pundits said it was impossible, some of those promises are coming true thanks to the President and Apple.
Apple CEO Tim Cook told CNBC on Wednesday that Apple is planning on spending $1 billion to create advanced manufacturing fund.
“We’ll be a ripple in the pond because if we can create many manufacturing jobs, those manufacturing jobs create more jobs around them because you have a service industry that builds up around them,” Cook said to CNBC’s Jim Cramer.
While Apple isn’t ready to move all of their operations to the U.S., their investment is another company that will train and employ Americans. LinkedIn reported in their May 2017 workforce report that this was essential as trained manufacturing workers were scarce on the coasts, even though there was a growing demand.
If this fund helps create a better-trained workforce in the field of advanced manufacturing, it could influence other companies to move their production domestically.