Trump announces Foxconn $10 billion investment in new Wisconsin plant

President Trump on Wednesday has announced that technology giant Foxconn Technology most popularly known for manufacturing iPhones in China will invest $10 billion dollars in opening up a new plant in Wisconsin, another feat achieved for the Trump ‘Made in USA’ campaign.

The President tweeted this development late Wednesday, thanking Foxconn Chairman Terry Gou for his investment in ‘Made in USA’, he wrote;

At a White House event with Vice President Mike Pence, Speaker Paul Ryan, and Foxconn Chairman Terry Gou, Trump said, “This is a great day for American workers and manufacturing and everyone who believes in the concept and label of ‘Made in the USA’. Chairman Gou put his faith and confidence in the future of the American economy, in other words, if I didn’t get elected he definitely would not be spending $10 billion”, he added.

According to Politico, in 2013, Foxconn Technology also known as Hon Hai Precision Industry tried to expand in the United States, planning to build a $30 million facility that would have created 500 jobs in Harrisburg, Pa. The facility is yet to be built.

Earlier this week, President Trump told The Wall Street Journal in an interview this week that Apple was planning to build three “big, big, big” plants in the U.S.  Apple is yet to confirm the claim.  declined to comment.

Leave a reply

Your email address will not be published. Required fields are marked *

cool good eh love2 cute confused notgood numb disgusting fail