President Donald Trump says that electronics giant Foxconn will build a $10 billion factory in Wisconsin that's expected to initially create 3,000 jobs. Without a doubt, the president got a chance to stand at the White House yesterday and say a company that does most of its work overseas is going to bring jobs to America. Trump's plans for health care and tax cuts face an uncertain future in Congress, and his administration is bogged down by an investigation into Russia's possible ties with his presidential campaign.
President Donald Trump announced on Wednesday that Foxconn had chosen Wisconsin to build its first US plant to manufacture display screens.
So, in all the excitement, did Walker go too far in stating how many jobs are coming?
Foxconn, of course, is an electronics manufacturing powerhouse, assembling products for Apple and Microsoft from its Chinese factories.
Trump praised Foxconn chairman Terry Gou at a White House event, asserting: "If I didn't get elected, he definitely wouldn't be spending $10 billion".
More Cong MLAs quit in Gujarat
In such circumstances, it is not possible for me to work for Congress party, due to this I resign from all the posts of Congress. Till now 6 MLAs have quit Congress and joined BJP taking Congress' tally to 51 in the 182-member assembly.
"I'm eager to hear more from Foxconn about how they might work with Wisconsin-based companies in the Southeast Region and across the state", Barca said in a statement.
Officials with a number of environmental advocacy groups did not return phone calls seeking comment. Other states vying for the plant were Michigan, Illinois, Indiana, Ohio, Pennsylvania and Texas.
"Herzing University is excited about the economic growth in southeastern Wisconsin that will come from the Foxconn plant".
"Given recent accounts of how its workers are treated and Foxconn's strategy of getting every last nickel and dime it can from taxpayers to lower their costs, Governor Walker and any legislator thinking of supporting what could be a $3 billion incentive package should be very wary", said state Sen. The incentives would only be awarded if Foxconn creates the jobs and pays an average salary of almost $54,000. Apple spent $75 billion with Foxconn in 2016.
Despite these worries, some high-ranking officials outside of the state government praised the deal Wednesday for the anticipated economic impact. Currently, he focused on shifting the manufacturing unit of Apple's iPhone to the U.S.
"It's an exciting opportunity", said Democratic state Assembly Minority Leader Peter Barca. Foxconn has pledged to make a $10 billion investment in Wisconsin, which includes creating as many as 13,000 jobs. There are also some sales tax exemption incentives. The Governor said he's not concerned about that happening here, because of our country's and state's labor laws, as well as the fact that Wisconsin's plant will be a much smaller operation compared to those outside of the U.S.