MADISON, Wis. (AP) — Foxconn Technology Group said Monday that its manufacturing facility in Wisconsin will be producing flat-screen panels by the end of 2020, with construction starting later this year.
The company said it changed its mind after “discussions with the White House.”
Foxconn planned to build a huge liquid-crystal display factory in Wisconsin. Then the bottom fell out of the market for televisions.
American workers thanked President Trump as a new Foxconn manufacturing plant broke ground in Wisconsin on Thursday.
“As Foxconn has discovered, there is no better place to build, hire and grow than right here in the United States,” Trump said. “America is open for business — more than it has ever been open for business,” he said.
Apple iPhone supplier Foxconn has announced that it is planning a second manufacturing plant, this one in Michigan. After Foxconn announced a new plant in Wisconsin just last month, these newest jobs are coming to the second state that was key to President Trump’s election in 2016.
President Donald Trump recently claimed that Apple CEO Tim Cook promised to build three new manufacturing plants in the U.S.
A big win for Paul Ryan and Reince Preibus.
MADISON, Wis. (AP) — President Donald Trump plans to announce Wednesday that electronics giant Foxconn will build a liquid crystal display panel plant in Wisconsin, according to an invitation to the event obtained by The Associated Press.
(Reuters) — Foxconn, the world’s largest contract electronics maker and a major Apple Inc supplier, plans to invest more than $10 billion in a display-making factory in the United States and will decide on the location of the plant next month.
Foxconn, a Taiwanese corporation that assembles iPhones in East Asia, is considering building a plant in Wisconsin as part of a $7 billion investment that will create up to 50,000 jobs, according to the Associated Press.
Foxconn, the world’s largest contract electronics maker, is planning on investing at least $7 billion in a display-making plant in the United States, company chairman and chief executive Terry Gou said on Sunday.
