But so far Foxconn has only announced its intention to build "display panels used in televisions and other products" like "smartphones and auto dashboards", per the WSJ, and Gou mostly was motivated by "reducing the costs of shipping large-screen TVs from Asia".
President Donald Trump meets with the White House office of American innovation. The company's initial investment will create 3,000 jobs at a minimum with potential of 13,000 in the very near future.
It would mark a substantial gain for a state that now 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.
Foxconn, a giant manufacturer of electronics like Apple's iPhone and Microsoft's Xbox, said on Wednesday that it plans to open its first major American factory in Wisconsin.
Foxconn said the factory is planed for 2020, and it would be 20 million square feet or the size of 11 Lambeau fields.
The deal comes as President Donald Trump seeks to fulfill a promise to bring manufacturing jobs that have been lost in recent decades back to the United States. Other states vying for the plant are Michigan, Illinois, Indiana, Ohio, Pennsylvania and Texas.
A specific location for Foxconn's plant was not disclosed. Speaking with reporters earlier in the day, a senior official attributed Foxconn's plans to the "deregulation" policies of the Trump administration and its previous pledges to advance tax and infrastructure reforms - even though the president has yet to offer any such plans to Congress. To make flat-panel displays, the company will need access to great quantities of water to keep work spaces dust-free, among other things.
Foxconn announced the investment from the White House.
As Republicans in Washington struggle to repeal Obamacare and advance bills on tax cuts and infrastructure, Trump seized on the announcement as a win in a key swing state, saying the deal wouldn't have been done "if I didn't get elected". The company will build a facility that manufactures LCD screens for everything from self-driving cars to aircraft systems.
Foxconn now has facilities in Virginia and in, each of which employ fewer than 1,000 workers, according to its website.
Wisconsin Gov. Scott Walker said at a White House event that the state will award $3 billion in incentives and sign a memorandum of understanding on the investment on Thursday.
GAYLE KING: Politico reports a former aide to Congresswoman Deborah Wassermann Schultz was arrested trying to leave the country. The Hill is reporting Awan and his family worked for House Democrats for years making millions before the scandal erupted.
LOOP LLC (LOOP) - operator of of the largest privately-owned crude oil storage and transportation logistics facility in the U.S. EIA reports that ethanol exports have also been on the rise, particularly through the first four months of 2017.
The mods, which range from fancy cameras to fatter batteries , simple connect to the magnet, creating a chunky new device. In terms of design, the phone will have a slim metal shell body and the 3.5mm headphone port will be removed for good.
The signs were discovered on Sunday in both the Cedar-Riverside neighborhood of Minneapolis and an intersection in St. The records provided some detail about the training courses he took but no insight into his on-the-job performance.
Google has launched its Trusted Contacts location-sharing app for iOS devices , seven moths after it first arrived on Android . For the uninitiated, Google Trusted Contacts app lets you share your location with your family and friends.
The Iranian Revolutionary Guard is a paramilitary force that answers directly to Iran's Supreme Leader, Ayatollah Ali Khamenei. In 2016 alone, there were 35 cases of "unsafe or unprofessional" behavior by Iranian vessels in 2016, according to U.S.
Frank Isola of the New York Daily News is reporting that Carmelo Anthony remains "focused on getting a deal done with Houston". Any deal involving Anthony to Oklahoma City would likely mean Enes Kanter going the other way just for salary purposes.
At least he was able to laugh it off, and the Yankees actually scored a run in the process on their way to a 4-2 win. But Matt Holliday was able to score from third before Gregorius was tagged out, so the run counted.
Bayern Munich defender Juan Bernat has been ruled out for several weeks after undergoing surgery on his left ankle. Stay tuned for live goal updates of the International Champions Cup 2017 Chelsea vs Bayern Munich on this website.
UK to Ban Petrol Car Sales by 2040
India, which suffers from an especially acute air quality problem, is home to numerous world's most polluted cities. Britain will ban the sale of new petrol and diesel cars from 2040 in an attempt to reduce air pollution.
Adobe Flash marked for death - for real this time
The company will continue to support Flash on Windows, macOS, and Linux, as well as on browsers until its end of life is reached. Google notes that today only 17% desktop Chrome users visit Flash-based websites; this number was 80% around three years ago.
Court gives NIA 10-day custody of 7 separatists
Calling for a bandh, the Hurriyat Conference said the case was fabricated and the NIA was misleading people. Later, some of these leaders and activists were called to Delhi by the NIA for further questioning.
'Lady Blue Eyes' Barbara Sinatra dead at 90
Her family requests that gifts be directed to the Barbara Sinatra Center for Abused Children, 39000 Bob Hope Dr.in Rancho Mirage. Frank Sinatra's fourth and final wife, Barbara Sinatra , has died. nearly 20 years after her famous husband passed.
Fergus Beeley road rage
The enraged man then points at each family member - including the young boy - telling them they are also under citizen's arrest . Police said the two men involved in the incident decided not to pursue a complaint.