Apple Gets $10 Million Incentive To Open New Glass Plant In Arizona

Date: 21 November 2013
Source: www.cultofmac.com

Date: 21 November 2013

Apple’s new glass plant in Arizona has finally received the official seal of approval from the local government and some newly released documents reveal that in order to lure the tech behemoth to the Valley of the Sun, the Arizona Commerce Authority sweetened the pot by offering Apple a $10 million grant, plus some tax incentives.   The Gilbert Public School Board was the last of eight entities to approve the tax breaks for Apple, who plans to build a high-tech glass manufacturing plant in Mesa that will bring over 700 jobs to the area plus an additional 1,300 construction jobs while the plant is being built.

According to one third-party economic study, Apple’s investment is estimated to generate more than $102 million in tax revenue over five years.

Read more here.
600450 Apple Gets $10 Million Incentive To Open New Glass Plant In Arizona glassonweb.com

See more news about:

Others also read

MORE...

Arrow Digital launches the Tecglass Ceramic Digital Printer for the Glass Industry
Tecglass is one of the leading companies that design and develop a range of innovative Digital Printers for the glass industry.
Oxford solar cell pioneer named as only UK scientist in Nature’s Top 10
Dr Henry Snaith of the University of Oxford has been named as one of the ten people who have made the most difference in science during 2013 in recognition of his work on next generation solar power technology.
Rotterdam Architecture Award for EMC Educational Centre
The Education Center Erasmus MC Rotterdam has won the Rotterdam Architecture Award. From a shortlist of 25 entries, the jury has chosen the design of Claus & Kaan Architecten.
Bio-Glass – Interior Innovation Award Winner 2014
Coverings ETC’s Bio-Glass in “Topaz Blue” designed by Ofer Mizrahi was bestowed the Interior Innovation Award-Winner 2013, the prestigious international design award of the German Design Council.
2013 Deep Research Report on China LOW-E Glass Industry
2013 Deep Research Report on China LOW-E Glass Industry was professional and depth research report on China Low-E Glass (LOW-Emissivity Glass) industry.
Epwin Group Chairman receives Derek Bonnard Award for Excellence
Jim Rawson, chairman of Epwin Group was awarded the Derek Bonnard Award for Excellence at the G13 Awards, held at the prestigious Park Lane Hilton, London on November 29th.

Add new comment