Trump announces $10 billion Foxconn plant in Wisconsin – New York News

WASHINGTON – President Donald Trump said Wednesday that electronics giant Foxconn will build a $10 billion factory in Wisconsin that’s expected to create 3,000 jobs.


The announcement comes at a critical juncture for a Trump administration that pledged to generate manufacturing jobs but has struggled to deliver results as quickly as the president promised. Trump’s plans for health care and tax cuts face an uncertain future in Congress, while his administration is bogged down by an investigation into Russia’s possible ties with his presidential campaign.

The factory will produce liquid-crystal display panels that are used in televisions and computer screens, according to a senior White House official who insisted on anonymity to discuss the announcement. Foxconn will locate its plant in the congressional district of U.S. House Speaker Paul Ryan, although the official declined to provide a specific location.

Foxconn could eventually employ 13,000 workers at the factory, the official said. This would mark a substantial gain for a state that currently has 472,000 manufacturing jobs and is still recovering from factory layoffs — including the closure of a General Motors plant in Ryan’s hometown — that hit after the 2008 financial crisis.

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