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Foxconn Says It Plans to Build Factory in Wisconsin, Adding 3,000 Jobs - The New York Times

posted onJuly 27, 2017
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Article snippet: Foxconn, the Taiwanese electronics supplier for Apple and other tech giants, said Wednesday it would open its first major American factory in Wisconsin, a boost both for the battleground state’s economy and the Trump administration’s efforts to bolster domestic manufacturing. White House officials noted President Trump’s direct negotiations with Foxconn for the project, which they said would create at least 3,000 jobs and represent a $10 billion investment. Mr. Trump joined Foxconn’s chairman, Terry Gou, at the White House for an announcement on Wednesday, with two Wisconsin Republicans, Gov. Scott Walker and Paul D. Ryan, the House speaker, in attendance. The new factory, which would produce flat-panel display screens for televisions and other consumer electronics, could raise Wisconsin’s profile in advanced manufacturing. Older industrial firms in the state, like Harley-Davidson in Milwaukee, have struggled recently, with the motorcycle maker saying last week that it planned to lay off 180 workers. “TV was invented in America,” Mr. Gou said at the White House, before noting that products like LCD displays and similar technology were no longer made here. “We are going to change that. It starts today in Wisconsin.” The company did not identify exactly where the plant would be built but said it would be in Mr. Ryan’s district in southeastern Wisconsin. Mr. Walker said that Foxconn would receive $3 billion in tax breaks and other subsidies over the next 15 years fr... Link to the full article to read more

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