Foxconn to build Wisconsin plant after talking with Trump

A few days after announcing that Foxconn would no longer build its all-American Wisconsin plant after all the discussions surrounding the situation, the company has again changed course following further discussions with President Trump.

However, the level of work that will be hosted at the plant is not clearly defined. Reuters Last week, she said the $ 10-billion plant would house mainly high-paying engineers instead of creating more low-paying jobs. Today's statement does not make it clear who exactly will work there, but for now, the target is 13,000 employees.

However, if there are indications in the declaration, this is the next line.

This campus will serve as both a state-of-the-art manufacturing facility and hub of high-tech innovation for the region.

This is probably the way the company claims that the location will most certainly be a mix of blue-collar manufacturing and well-paid engineering.

Foxconn has already received $ 4 billion in tax breaks and tax incentives.

Previously, the company said:

The global market environment that existed when the project was first announced has changed.

The statement refers to the initial plans of the company for the manufacture of LCD television screens. However, because of this "modified" market, the company has instead decided to also create smaller screens.

The most recent statement issued by Foxconn on Friday follows

After productive discussions between the White House and society, and after a personal conversation between President Donald J. Trump and President Terry Gou, Foxconn continues the construction of our Gen 6 manufacturing facility, which will be at the heart of the Park science and technology of the Wisconn Valley. This campus will serve as both a state-of-the-art manufacturing facility and hub of high-tech innovation for the region.

Our decision is also based on a recent systematic and comprehensive badessment to determine the best fit of our project in Wisconsin among TFT technologies. We undertook this evaluation while simultaneously seeking to expand our investment in Wisconsin well beyond our original plans to ensure that the company, our workforce, the local community and the state of the Wisconsin Wisconsin are in a position to succeed in the long run.

We look forward to continuing to increase our investments in American talent in Wisconsin and the United States.

Whether President Trump has promised new incentives is unknown, but it seems unlikely that anything will soften the deal with Foxconn.

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