Apple's new line of Mac Pros will be built in Austin, Texas, the company said on Monday.
In a blog post, Apple (AAPL) - Get Report said that the Texas-based manufacturing of new Mac Pros, which were announced at Apple's WWDC conference in June, is "made possible" through a federal exclusion from tariffs that Apple is receiving for certain essential components for the line of high-end desktop computers. Apple shares were up 0.52% on Monday to $218.82.
The Mac Pros will be manufactured at the same Austin-based facility where prior versions of the Mac Pro have been built since 2013, but the company said that "the value of American-made components in the new Mac Pro is 2.5 times greater than in Apple's previous generation Mac Pro."
Over the past couple of years, Apple has regularly touted its investments in the domestic jobs and economic growth and pledged to invest $350 billion in the U.S. economy by 2023. Meanwhile, President Trump since the beginning of his term has urged U.S. companies, including Apple, to increase domestic manufacturing.
Apple CEO Tim Cook credited the White House in a statement for supporting Apple's manufacturing effort in Texas.
"We thank the administration for their support enabling this opportunity," Cook said. "We believe deeply in the power of American innovation. That's why every Apple product is designed and engineered in the US, and made up of parts from 36 states, supporting 450,000 jobs with US suppliers, and we're going to continue growing here."
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