President Donald Trump said Wednesday a $10 billion electronics manufacturing plant slated for Wisconsin proved corporate leaders "understand that America's capabilities are limitless and that America's workers are the best and that America's most prosperous days are just ahead."
"We are going to have some very, very magnificent decades," Trump said in announcing Foxconn Technology Group would build its plant in Wisconsin, ultimately creating as many as 13,000 jobs.
"It's going to be fantastic for the people," the president said. "This is a great day for American workers and manufacturing and for everyone who believes in the concept and the label 'Made in the U.S.A.'"
He was flanked by several Badger State Republicans – House Speaker Paul Ryan, Sen. Ron Johnson, and Gov. Scott Walker – as well as Vice President Mike Pence and Terry Gou, Foxconn's chairman and president.
Based in Taiwan, Foxconn will build its plant in Ryan's district in the southeastern part of the state. It will make LCD screens for Apple Inc. products, including iPhones and iPads, and is to receive $3 billion in tax subsidies to be approved by state legislators.
The plant will initially employ 3,000 people – and a future expansion could bring as many as 13,000 jobs.
Both Ryan and White House Chief of Staff Reince Priebus, the former head of the Republican National Committee who once chaired the state party, worked on the deal.
"The construction of this facility represents the return of LCD electronics and electronics manufacturing to the United States, the country we love," Trump said. "That's where we want our jobs.
"To make such an incredible investment, Chairman Gou put his faith and confidence in the future of the American economy."
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