Author Topic: White House touts Foxconn plant in Wisconsin as latest economic win  (Read 548 times)

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White House touts Foxconn plant in Wisconsin as latest economic win

By STEVEN OVERLY

07/26/2017 05:34 PM EDT

Updated 07/26/2017 06:33 PM EDT


The Taiwanese manufacturer best known for making Apple’s iPhones in China will invest $10 billion to open a new plant in Wisconsin, the White House announced Wednesday while claiming another win for President Donald Trump’s bid to revive America’s flagging industrial sector.

The move by Foxconn is politically potent for Trump, who has pressed companies to invest in the U.S. heartland after years of jobs migrating overseas. The location also has strategic value: Wisconsin is a swing state that went for Trump in 2016 despite backing Democratic presidential candidates in recent decades.

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http://www.politico.com/story/2017/07/26/white-house-foxconn-wisconsin-investment-240999
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