Unlike Amazon's highly-publicized selection procedure for its HQ2, Apple announced Jan. 18 there will be no bidding process for the location of its newest planned U.S. campus.

The announcement comes just as construction is winding down at Apple Park, the company's new $5 billion facility in Cupertino, Calif. Wherever this future campus ends up, it is unlikely that it will be in either California or Texas, where Apple has customer service and computer assembly facilities, CEO Tim Cook said in an ABC News interview, Reuters reported.

"We've narrowed the list [of sites] a lot," said Cook. "We wanted to narrow it so we prevent this auction kind of process that we want to stay out of."

Apple also announced a 5-year U.S. spending plan worth $30 billion that promises to create 20,000 jobs and $38 billion in taxes on foreign profits, Reuters said.

Apple said it will reveal the chosen location later this year.

Today's top stories

Raising I-95 in North Carolina's Coastal Plain

VIDEO: $4.7B Gordie Howe International Bridge Project Nears Completion

One Lane Reopened in Each Direction On I-26 Bridge in Tenn. Following Hurricane Damage

Construction Market Boosts Economy

Voters Approve $41B for State, Local Transportation Investment

VIDEO: KEMROC Expands; Plans to Increase Nationwide Presence

Gregory Poole's Demo Days Event Features Cat Iron

Trimble Introduces Siteworks Machine Guidance Module for Compact Track Loaders