5 U.S. Companies Bringing Jobs Back Home

Apple the latest to give American manufacturing some hope

      View All  

Apple

AppleLogo 5 U.S. Companies Bringing Jobs Back HomeOf course, we had to start with Tim Cook’s recent announcement. Yesterday, Apple’s CEO interviewed with NBC and Bloomberg Businessweek and announced that one of the existing Mac lines will be manufactured solely in the U.S. in 2013.

The maker of iPods, iPhones and iPads has taken some heat for its offshoring practices in the past — especially in regards to the suicides and shutdowns at Foxconn facilities in China — so making positive production publicity is a refreshing change.

Of course, Apple’s plans to spend $100 million on the American manufacturing in 2013 is admittedly pocket change for the tech giant, but it’s a step in the right direction — one that Cook hopes might inspire others to follow his lead.

Cook said Chinese workers are more skilled in terms of modern manufacturing, though, and that’s why Apple isn’t bringing all its jobs home. Still, he emphasized that AAPL has created more than 600,000 jobs in the U.S.


Article printed from InvestorPlace Media, http://investorplace.com/2012/12/5-u-s-companies-bringing-jobs-back-home/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.