United States - Construction of the Foxconn plant in the United States is realized. President Donald Trump participated in the groundbreaking procession of the plant's construction.
Foxconn's new factory is located in Mount Pleasant Wisconsin. The Taiwan-based manufacturing company is disbursing up to USD 10 billion for its construction.
The area of the factory to be built alone reaches 1.9 million square meters. There Foxconn plans to produce LCD screens and is expected to employ 13 thousand people.
"As Foxconn has found, there is no better place to build, employ and grow than here, in the United States," Trump said in his remarks
Trump said the Foxconn development will create more than 13,000 jobs. The company has promised from 3,000 to 13,000 jobs. Trump reminded the crowd that he began talks with Foxconn to come to the United States. He thanked Wisconsin Gov. Scott Walker for bringing the idea to fruition.
President Trump also held up the huge factory and big investment from Foxconn as signs of the nation's strong economy and limitless potential. Trump also touched on a number of other areas. They included the opportunity that he now has to nominate a U.S. Supreme Court justice, since Justice Anthony Kennedy announced his retirement.
Trump also thanked voters in Wisconsin for backing him in 2016, mistakenly saying that he was the first Republican to win the state since Dwight Eisenhower in the 1950s; Ronald Reagan won in Wisconsin in the 1980s.
Meanwhile, dozens of groups gathered at several sites in southeastern Wisconsin to protest Trump and/or the Foxconn development In addition to building factories, Foxconn previously signed an agreement to purchase the WaterMark building in downtown Green Bay, Wisconsin. The building has 6 floors and an area of 6,968 square meters.
Later in the building will be made an innovation center that employs 200 people. There, Foxconn will develop 8K and 5G display technology.
"The innovation center in Green Bay will play a key role in our goal of creating a vibrant AI 8K + 5G ecosystem in the US, with Wisconsin at the heart of this vision," said Terry Gou, Founder and CEO
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