Donald Trump brings Foxconn and thousands of jobs to Wisconsin

A security guard stands at the entrance of the Foxconn complex in the southern Chinese city of Shenzhen in 2010. A month after Donald Trump was elected president Taiwan-based Foxconn was one of the first companies to announce plans to invest billions

Foxconn to produce display panels in Wisconsin - report

Trump said the company's $10 billion investment in southeast Wisconsin would create at least 3,000 jobs but could employ up to 13,000 people in the future.

After much speculation, Foxconn has officially announced that it's selected Wisconsin as the location for a new $10 billion display plant, reports the Milwaukee Journal Sentinel.

When Foxconn executives met with Trump in the Oval Office, "the president said I know a good spot where you should go - that place in Kenosha", Priebus recounted.

Democratic U.S. Rep. Gwen Moore says she rejected an invitation from President Donald Trump to participate in a news conference announcing that electronics manufacturer planned to locate in Wisconsin. The state of Wisconsin is reportedly set to award $3 billion in incentives to Foxconn for the new plant.

In 30 years, Foxconn to open its major factory in the United States is a break with global manufacturing trends.

Foxconn CEO Terry Gou was the first official to speak at the announcement, and his short talk focused on high-definition "8k" displays, which would have higher resolution than most current TV screens on the market, which are sold as "4K".

Priebus had previously hinted that Wisconsin could be the victor of the multistate competition for the new factory from Foxconn, best known for its role assembling Apple's iPhones.

Meanwhile, Trump said the financial commitment by Gou is a direct result of his electoral win. Various states in the running - including Michigan, Ohio and Pennsylvania - have been offering subsidies and other incentives to try to attract the investment. The plant could employ up to 13,000 workers.

Foxconn, Apple and Gov. After discussing with six other states, Foxconn decided on Wisconsin and will bring 3,000 new jobs initially.

Foxconn, which knows how to scale up the manufacturing of IT devices of all types but also has been cited in the past for poor working conditions by several worldwide watchdog agencies, also will make dashboard screens for automobiles in addition to health care devices, Walker said.

This week, Trump told the Wall Street Journal that Apple CEO Tim Cook promised to build three plants in the USA in the coming years, but Cupertino has not made any announcements. White House host president Trump was obviously also present, commenting that the project was made possible by his election.

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