Apple will build a new 700-employee manufacturing facility in Mesa, Arizona, to make sapphire glass, according to releases from the State of Arizona and GT Advanced, a New Hampshire-based materials manufacturing company. According to GT Advanced, that company will "own and operate furnaces and related equipment" at a new Apple facility in Mesa, with Apple providing GT with a prepayment of $578 million that GT will pay back over five years beginning in 2015. Although the agreement does not guarantee volumes, it does require GT to maintain a minimum level of capacity. GT will be subject to certain exclusivity terms during the duration of the agreement. GT expects this arrangement to be cash positive and accret
