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Released January 06, 2022 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--It's official. Earlier this week, Apple Incorporated (NASDAQ:AAPL) (Cupertino, California) became the first U.S. company to hit a market capitalization of $3 trillion. The record-breaking event occurred when Apple's share price passed the $182.86 mark on Monday. According to financial news media, the milestone comes less than two years after its market cap hit $2 trillion. Apple seems intent on growing its value even further by plowing money into additional projects to grow the company. Industrial Info is tracking $4.9 billion in active Apple projects in the U.S., Ireland and Denmark.
Most of the projects involve the construction and expansion of data centers to support the company's services. Such projects include a planned, grassroot data center on the southern outskirts of Durham, North Carolina. Construction on the project is planned to kick off later this year and includes a 1 million-square-foot data center campus, with supporting equipment and systems, to serve Apple's data management needs. The facility is expected to take about two years to construct. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for a detailed project report.
Other grassroot data centers are planned or underway for Waukee, Iowa; Austin, Texas; and Galway, Ireland. Subscribers can click here for a list of related project reports.
Apple also is expanding existing data centers, such as the $750 million expansion of its facility in Prineville, Oregon. The project entails constructing a 338,000-square-foot building with two data halls that will help support 5G technology, among other things. Construction kicked off last year and is expected to be completed in second-quarter 2022. Subscribers can click here for the project report.
Data centers are extremely energy-intensive, and like other large tech companies, Apple is aiming to lower the environmental footprint of its facilities. In 2018, the company set the goal to power its global operations with 100% clean energy. In Denmark (where the company already employs solar energy), Apple is building a 16.8-megawatt (MW) windfarm to help support a carbon-neutral facility. Two 8.4-MW wind turbines will supply energy to the data center, with surplus energy to be directed to the Danish grid. According to news media, it will feature the world's largest onshore wind turbines. The project kicked off in 2021, and construction is expected to last about a year. Subscribers can click here for the project report.
As a company that manufactures and sells products, Apple also has a distribution network in the U.S. and is in the midst of a renovation project at its distribution facility in Clayton, Indiana. The project involves interior upgrades to the 1 million-plus-square-foot building to include 40,000 square feet of office space and a 200,000-square-foot robot field to pick and sort products, as well as a 150,000-square-foot area for laser etching and packaging. The project, which is planned to wrap up this summer, is aimed to accelerate delivery times for Apple's customers across the country. Subscribers can click here for a detailed project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
Most of the projects involve the construction and expansion of data centers to support the company's services. Such projects include a planned, grassroot data center on the southern outskirts of Durham, North Carolina. Construction on the project is planned to kick off later this year and includes a 1 million-square-foot data center campus, with supporting equipment and systems, to serve Apple's data management needs. The facility is expected to take about two years to construct. Subscribers to Industrial Info's Global Market Intelligence (GMI) Industrial Manufacturing Project Database can click here for a detailed project report.
Other grassroot data centers are planned or underway for Waukee, Iowa; Austin, Texas; and Galway, Ireland. Subscribers can click here for a list of related project reports.
Apple also is expanding existing data centers, such as the $750 million expansion of its facility in Prineville, Oregon. The project entails constructing a 338,000-square-foot building with two data halls that will help support 5G technology, among other things. Construction kicked off last year and is expected to be completed in second-quarter 2022. Subscribers can click here for the project report.
Data centers are extremely energy-intensive, and like other large tech companies, Apple is aiming to lower the environmental footprint of its facilities. In 2018, the company set the goal to power its global operations with 100% clean energy. In Denmark (where the company already employs solar energy), Apple is building a 16.8-megawatt (MW) windfarm to help support a carbon-neutral facility. Two 8.4-MW wind turbines will supply energy to the data center, with surplus energy to be directed to the Danish grid. According to news media, it will feature the world's largest onshore wind turbines. The project kicked off in 2021, and construction is expected to last about a year. Subscribers can click here for the project report.
As a company that manufactures and sells products, Apple also has a distribution network in the U.S. and is in the midst of a renovation project at its distribution facility in Clayton, Indiana. The project involves interior upgrades to the 1 million-plus-square-foot building to include 40,000 square feet of office space and a 200,000-square-foot robot field to pick and sort products, as well as a 150,000-square-foot area for laser etching and packaging. The project, which is planned to wrap up this summer, is aimed to accelerate delivery times for Apple's customers across the country. Subscribers can click here for a detailed project report.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, six offices in North America and 12 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. Follow IIR on: Facebook - Twitter - LinkedIn.
