(National Sentinel) Economy: Supplier of parts for Apple’s iPhone, Foxconn, announced Monday that it will build a second plant in the U.S. as President Donald J. Trump’s economic policies continue to attract, not drive off, industrial development.
Foxconn had already announced it would build a plant in the key battleground state of Wisconsin, which Trump won in November. Now the company says it will build a second plant in another important battleground state, Michigan, which also went for Trump when it was expected to remain solidly in Hillary Clinton’s column.
The coming Michigan plant will focus on autonomous vehicles, Foxconn founder Terry Gou said, according to CNBC.
“Automotive development in the U.S. is still more advanced than China,” Gou said. “Besides self-driving technology, I’m also interested in artificial intelligence and deep learning technology.”
As reported by Breitbart News:
Taiwan-based Foxconn is expected to invest $10 billion in the Wisconsin plant, which will employ around 3,000 workers. It is expected to expand over the next few years and bring on new workers. Foxconn plans to build flat-panel screens at the new Wisconsin plant.
Foxconn is the world’s largest contract electronics maker and manufactures various parts for Apple’s iPhone as well as other makers’ brands. It operates vast factories in China but has never had a large presence in the United States.