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Published: Fri, July 28, 2017
Medical | By Garry George

Foxconn will build factory in Wisconsin, White House invitation says

Foxconn will build factory in Wisconsin, White House invitation says

Scott Walker just got what may be the biggest political boost of his career, and it couldn't have come at a much better time. At the time, though, he told the New York Times that "there is such a plan, but it is not a promise".

"There's also what's known as a multiplier effect, where people being hired at the plant will spend money in the local economy, which is definitely a positive", Mullins said.

Walker was able to land the deal with the Taiwanese manufacturing giant thanks in large part to Wisconsin's deep connections with the White House.

President Donald Trump, waves as he departs with House Speaker Paul Ryan of Wis., left, and Terry Gou, president and chief executive officer of Foxconn, after an event in the East Room of the White House, Wednesday, July 26, 2017, in Washington.

The company plans to employ 3,000 workers at the outset, who would earn an average annual salary of $53,875.

President Trump had hinted at a June rally in Wisconsin that a new factory could soon open its doors in the state, saying he was "negotiating with a major, major incredible manufacturer of phones and computers and televisions".

Foxconn is the world's largest contract electronics maker, manufacturing components for Apple's iPhone and other technology brands.

The company is renowned for building electronic gadgets for almost every major technology company, including: Apple, Google and Amazon, now having massive factories in Asia, South America and Eastern Europe. In 2013, for example, Foxconn announced plans to build a $30 million plant in Pennsylvania.

And Trump, in an interview Tuesday with the Wall Street Journal, said Foxconn was strongly considering putting the plant in Wisconsin.

Many other states were vying for the new plant, including Michigan, Ohio, Pennsylvania, Texas, Illinois, and Indiana.

Foxconn, the company that brings you iPhones and Nintendo, is making a $10 billion investment in Southeastern Wisconsin.

Critics have cautioned that Foxconn has made promises before to invest in the USA and not followed through. Foxconn is the Taiwanese company which forms a part of tech giant Apple's supply and production chain, and the U.S. expansion is a major gamble for a company in a market which built its products in "China and other lower-cost Asian countries in recent decades".

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