Apple’s long-anticipated Research Triangle Park (RTP) campus has entered another extended holding pattern as North Carolina formally approved the company’s request to push back the hiring and investment milestones tied to its incentive package.
The NC Economic Investment Committee voted to grant Apple a four-year extension on the timelines originally established in 2021, effectively restarting an agreement that could ultimately deliver up to $845 million in tax benefits if the company meets its obligations. Apple had confirmed in 2023 that it had paused construction and sought to renegotiate its deal with the state, noting that although it had added around 600 Raleigh-area employees since 2021, it needed significantly more time before launching major development activities.
Under the original terms, Apple committed to invest $1 billion in North Carolina over a decade—$552 million for a new corporate campus in RTP and $448 million to expand its Catawba County data center—while creating at least 3,000 high-paying jobs averaging $187,001 annually, a dramatic contrast to Wake County’s $63,966 average wage…