Apple awards $410M to II-VI

Apple is providing over $400 million more in an effort that will help a manufacturing site in Sherman, Texas. The Silicon Valley giant announced a new $410 million award from its Advanced Manufacturing Fund for II-VI, a maker of optical technology based near Pittsburgh in Saxonburg. That’s building on the initial $390 million from the fund in 2017. The expansion will “create additional capacity and accelerate delivery of future components for iPhone,” with 700 jobs in Sherman; Warren, N.J.;…