Gov. Scott Walker and President Trump announce Foxconn factory in Wisconsin

Delia Watkins
July 29, 2017

According to media reports, Trump is expected to announce that Foxconn, one of the largest electronics manufacturers in the world, will be adding a new plant in Wisconsin, adding as many as 10,000 employees. The facility will be constructed in Wisconsin, with the overall plan representing a massive $10 billion investment for the company.

"This is a culmination of many months of discussion between the White House Office of American Innovation and Foxconn", the official said.

Pennsylvania was among other states competing for the deal, and Foxconn CEO Terry Gou said in a statement it "signifies the start of investments by Foxconn in American manufacturing in the coming years".

The announcement of the new Foxconn factory comes only a day after President Donald Trump announced that Apple had promised three new US factories.

White House spokesman Josh Raffel confirms the Trump announcement would be on Foxconn, but wouldn't release details ahead of the event.

27 News reported last week Madison and south central Wisconsin would benefit from supply-chain jobs even if Foxconn chose to locate in southeastern Wisconsin. He's promised incentives and tax breaks for companies that move production to the United States.

President Trump and his administration have been seeking to revive the USA manufacturing base, particularly in the middle of the country, where it has largely begun to diminish.

IL unemployment rate up slightly despite job growth
Gedney speculates the department's numbers for mining and logging employment are likely being underestimated. Other elevated rates were 6.7 percent in Imperial Beach and 6.3 percent within El Cajon's city limits.

Meanwhile, Trump said the financial commitment by Gou is a direct result of his electoral win.

Only this week Trump announced Apple's plans for building three big factories in the US.

Jennifer Shilling, D Senate Minority Leader. said: "While I welcome new businesses to the state, I want to ensure any state-subsidized private sector jobs offer a living wage and safe working conditions".

It's unclear if Apple is involved in Foxconn's announcement. The company plans to invest $10 billion in the Wisconsin project, but will receive tax incentives worth as much as $3 billion.

This week, Trump told the Wall Street Journal that Apple CEO Tim Cook promised to build three plants in the U.S. in the coming years, but Cupertino has not made any announcements.

The company is also looking to Detroit for a possible manufacturing plant, though the sources did not specify for what.

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