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July 27, 2017

Trump announces $10B Foxconn plant in Wisconsin

  • The Taiwanese company's campus would cover nearly 1.6 square miles, making LCD panels used in televisions and computer screens.
    • By SCOTT BAUER and PAUL WISEMAN
    Associated Press

    WASHINGTON — President Donald Trump said Wednesday that electronics giant Foxconn will build a $10 billion factory in Wisconsin that's expected to initially create 3,000 jobs, the largest economic development project in state history.

    The announcement comes at a critical juncture for a Trump administration that pledged to generate manufacturing jobs but has struggled to deliver results as quickly as the president promised. Trump's plans for health care and tax cuts face a murky future in Congress, while his administration is bogged down by an investigation into Russia's possible ties with his presidential campaign.


     
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