Friends of Manufacturing

Apple Shows the Way to US Manufacturing

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Apple (NASDAQ: AAPL), for all its financial strength and bluster, is succumbing to the diktats of the Trump administration. The company's response to Trump's call for in-shoring work to the United States could create many jobs in the country. Tim Cook, the CEO of Apple, has announced of a $1 billion fund for investing in cutting edge manufacturing companies within the country. It is slated to announce its maiden investment in the latter part of May. Cook said that such an investment in manufacturing creates a ripple effect in the economy and a number of jobs are created as a result.

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