Foxconn to announce new U.S. manufacturing plant: source

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    This is the news Media should be touting, but when POTUS Donnie dredges up his own negativity with his 6am crapper tweets, well we know what gets ratings – PB/TK

    Foxconn to announce new U.S. manufacturing plant: source – By David Shepardson / July 26 2017

    (Reuters) – Electronics manufacturer Foxconn will announce plans to build a multi-billion dollar flat panel screen plant in Wisconsin at a White House event later on Wednesday, a source briefed on the matter said.

    A White House official said President Donald Trump is hosting an event at 5 p.m. EDT with Foxconn “for a technology manufacturing initiative announcement that will bring jobs and billions of dollars in investments to our country.”

    Foxconn, which is formally known as Hon Hai Precision Industry Co Ltd (2317.TW), said last month it plans to invest more than $10 billion in a display-making factory in the United States. Seven U.S. states have competed for new investments from Foxconn.

    The factory is expected initially to create 3,000 jobs and produce computer screens and TVs.

    Continue to reuters.com article: http://www.reuters.com/article/us-apple-foxconn-wisconsin-idUSKBN1AB258

     

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