<img height="1" width="1" src="https://www.facebook.com/tr?id=769125799912420&amp;ev=PageView &amp;noscript=1">
ADVERTISEMENT
About Our People Legal Stuff
Donald Trump

Trump announced Foxconn will build a $10 billion factory in Wisconsin

0

President Trump on Wednesday announced that electronics giant Foxconn plans on constructing a $10 billion factory in Wisconsin.

A senior White House official who insisted on anonymity to talk about the project said the new factory would craft liquid-crystal displays used for computer screens and televisions.

The factory is expected to create 3,000 jobs, they continued, and Foxconn could eventually employ 13,000 workers there.

The official added that Foxconn will place the new plant in Speaker Paul Ryan’s (R-WI) congressional district, though they declined to specify an exact location.

Some Twitter users on Wednesday criticized the reported project, citing Foxconn’s past actions and business practices.

Other people on the social media platform touted the planned factory as a victory for America’s manufacturing industry.

ADVERTISEMENT

Foxconn is a Taiwan-based company perhaps best known for assembling Apple iPhones in China.

Trump personally met Foxconn Chairman Terry Gou before Wednesday’s announcement, according to the official, and his White House was closely involved in the company’s move.

Wisconsin reportedly beat Michigan, Ohio, Indiana, Illinois, Texas and Pennsylvania as potential locations for the factory.

Foxconn is reportedly the largest contract assembler of smartphones and other devices for Apple and other brands.
Wisconsin could potentially be on tap for billions of dollars in incentives as part of the deal, but no details from the state’s proposal has yet been released.

Foxconn has faced criticism for not following through on past investments in the U.S., including a pledged factory in Pennsylvania.

The company vowed to invest $30 million for a plant in the Keystone State that would employ 500 workers, but the project never materialized.

A new factory in Wisconsin would seemingly give Trump a victory, however, as the president has promised to generate manufacturing jobs.

Wisconsin Gov. Scott Walker (R) could also benefit from the project as he is up for reelection next year.

The Associated Press contributed to this report.

Comments
Read Comments
Comments
ADVERTISEMENT
Facebook Twitter Instagram Pinterest Linked In List Menu Enlarge Gallery Info Menu Close Angle Down Angle Up Angle Left Angle Right Grid Grid Play Align Left Search Youtube Mail Mail Angle Down Bookmark