Jobs, construction show Apple’s continuing growth in Austin
AUSTIN – Apple Inc. is continuing its expansion in Austin, according to city and county documents obtained by the Austin American-Statesman.
The technology giant has already created more than 900 full-time jobs in its Austin operation as of the end of 2013, the most recent year for which data are available, according to a report the company filed with Travis County.
That’s on top of 3,100 local positions the company agreed to retain. As of the end of 2013, Apple reported 4,091 full-time employees in Austin.
What’s more, in a report last month to the City of Austin, Apple said it is about 67 percent completed with its Americas Operations Center, which it has valued at more than $348 million.
Taken in total, the documents suggest that Apple is outpacing its agreed-upon performance metrics, for which it is scheduled to receive millions in incentive payments from the city, county and state.
In 2012, the Austin City Council approved $8.6 million in tax breaks for Apple in exchange for the Cupertino, Calif.-based company establishing its Americas Operations Center here. Apple also is in line for $21 million in state incentives for the project, along with between $5 million and $6 million from Travis County.
Apple, in turn, agreed to create more than 3,600 new full-time jobs in Austin while retaining at least 3,100 existing full-time jobs. The company also agreed to spend $282 million on new buildings and equipment in Austin over the next decade.
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