AZCentral is reporting that the Gilbert Public School Board voted to approve a tax break for Apple, thereby clearing the way for Apple to open up its planned sapphire manufacturing plant in Mesa, Arizona. Under terms of the agreement, Apple will buy the land, pay all expenses needed to build out the factory, and then lease it back to GT Advanced who will oversee the manufacturing operation.
The fate of the high-profile deal potentially worth hundreds of jobs seemed to hang in the balance, with the school district being the last of eight governing entities needed to approve a property reclassification that would entitle the premier tech company to a tax break.
News of Appl