Apple Will Commit $100 Billion More to US Manufacturing, White House Source Says

Apple is said to be increasing its investment in US production by another $100 billion, per an agreement touted by the White House.

In a statement planned for 4:30 p.m. ET on Aug. 6, President Donald Trump is set to unveil the creation of American Manufacturing Program. It will be part of an agreement that would raise the US production investments from world's top tech company from $500 billion, as previously announced, to $600 billion over the next four years. Apple said in February it was also planning to hire 20,000 US workers over that time period.