Investing in America is becoming fashionable again.
Apple (AAPL) revealed to TheStreet's Jim Cramer on Wednesday that the tech giant is planning to spend big to boost manufacturing in the U.S., following the lead of some other major corporations such as Toyota (TM) . Cook announced the company's launch of a $1 billion fund to boost U.S. manufacturing jobs.
"You're the first person I'm telling," Cook said on Cramer's show Mad Money.
Cook told Cramer that Apple already told the unidentified firm that it is investing in to further the project.
The move comes as Apple prepares for the roll-out of its next-generation iPhone later this year. It also comes amid President Donald Trump's push for companies to bring manufacturing jobs back to the U.S. rather than ship them abroad.
Apple's push to create more manufacturing jobs aligns with its plans to hire across the board, including outside its own walls for positions in app development, among others.
Here are some of the other companies investing big in U.S. manufacturing.