North Carolina has backed Apple’s plans to postpone its hiring and investment goals that earned the company hundreds of millions in state incentives to build a corporate campus in Research Triangle Park.
The Economic Investment Committee, the state board that approved the incentives in 2021, agreed to a four-year project extension Tuesday, at Apple’s request.
In April 2021, Apple committed to investing $1 billion in North Carolina over the coming 10 years: $448 million to expand its data center in Catawba County and $552 million to construct a new 3,000-worker corporate campus in RTP, near Morrisville and Cary. In return, the state offered a special “transformative” grant that could deliver Apple up to $845 million in tax benefits if it reached certain annual hiring and investment targets…