📋 Tender Overview
Apple today announced a new 410 million award from its Advanced Manufacturing Fund for II-VI a leading manufacturer of optical technology. Todays award builds on an initial 390 million awarded from Apples Advanced Manufacturing Fund in 2017. The expansion of the companys long-standing relationship with II-VI will create additional capacity and accelerate delivery of future components for iPhone with 700 jobs in Sherman Texas Warren New Jersey Easton Pennsylvania and Champaign Illinois.II-VI manufactures vertical-cavity surface-emitting lasers VCSELs that help power Face ID Memoji Animoji and Portrait mode selfies. Apple also works with II-VI to manufacture lasers used in the LiDAR Scanner technology that helps deliver faster more realistic augmented reality experiences and improves autofocus in low-light scenes in photos and videos.Apple began working with II-VI in Sherman Texas in 2017 as part of the companys Advanced Manufacturing Fund which helped transform a long-shuttered 700000-square-foot building into a high-tech manufacturing facility and created hundreds of local jobs. Through close collaboration with Apple engineering and operations teams the company has rapidly increased production in the past year to enable record shipments from the Sherman facility.We established Apples Advanced Manufacturing Fund to support American businesses creating next-generation technology and the jobs of tomorrow said Jeff Williams Apples chief operating officer. II-VI shares our commitment to push the boundaries of innovation and were proud to be extending our work together across the country.The partnership between Apple and II-VI sets the stage for a new wave of breakthrough technologies that we believe will enable a wide range of applications that will benefit our world for decades to come said Dr. Vincent Mattera Jr. II-VIs CEO. We are incredibly grateful for Apples support which has allowed us to expand our manufacturing capacity and scale our operations across the US.II-VI is a part of Apples Clean Energy Program which was designed to advance the use of renewable energy across the companys supply chain and is already using 100 percent renewable energy across all of its Apple manufacturing in the US.Apples expanded partnership with II-VI is part of the companys plans to invest 430 billion and add 20000 new jobs across the US over the next five years. Apples contributions include working with more than 9000 suppliers across the country who are supporting American job creation across dozens of sectors including silicon engineering 5G and manufacturing.To support world-class innovation and high-skilled manufacturing jobs across the US Apple established its Advanced Manufacturing Fund in 2017. The 5 billion fund has supported a number of projects to date including 450 million in awards to Corning Incorporated in Harrodsburg Kentucky which led to the creation of Ceramic Shield a new material thats tougher than any other smartphone glass.Apple supports 2.7 million jobs across all 50 states through direct employment spending with US suppliers and manufacturers and the iOS app economy.
