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Foxconn planning $7 Billion plant and 50,000 US jobs

Posted on 1/22/17 at 1:04 pm
Posted by bamarep
Member since Nov 2013
51788 posts
Posted on 1/22/17 at 1:04 pm
LINK


quote:

Foxconn, the world's largest contract electronics maker, is considering setting up a display-making plant in the United States in an investment that would exceed $7 billion, company chairman and chief executive Terry Gou said on Sunday. The plans come after U.S. President Donald Trump pledged to put "America First" in his inauguration speech on Friday, prompting Gou to warn about the rise of protectionism and a trend for politics to underpin economic development.



quote:

Gou said that Foxconn, formally known as Hon Hai Precision Industry Co <2317.TW>, had been considering such a move for years but the issue came up when Foxconn business partner Masayoshi Son, head of Japan's SoftBank Group Corp <9984.T>, talked to Gou before a December meeting Son had with Trump.



quote:

Gou said he told Son that the United States has no panel-making industry but it is the second-largest market for televisions. An investment for a display plant would exceed $7 billion and could create about 30,000-50,000 jobs, Gou told Son.





But, muh vagina.
Posted by CommoDawg
Member since Jun 2015
2322 posts
Posted on 1/22/17 at 1:05 pm to
Suicide nets for everybody
Posted by joshnorris14
Florida
Member since Jan 2009
45181 posts
Posted on 1/22/17 at 1:05 pm to
The Left will not like this
Posted by Hightide12
Member since Nov 2012
2730 posts
Posted on 1/22/17 at 1:07 pm to
Alternative facts.
Posted by SamuelClemens
Earth
Member since Feb 2015
11727 posts
Posted on 1/22/17 at 1:08 pm to
Good. Bring back those factory jobs to the U.S. so those run down rust belt towns with boarded up windows can once shine again.
Posted by gthog61
Irving, TX
Member since Nov 2009
71001 posts
Posted on 1/22/17 at 1:08 pm to
Sad vermin
Posted by King Teal
The Last Banana Republic
Member since Sep 2016
988 posts
Posted on 1/22/17 at 1:08 pm to
Wasn't the left telling us that companies were going to pay their fair share and still not leave?

How did all these companies slip away?
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35331 posts
Posted on 1/22/17 at 1:10 pm to
I am considering starting a new company too. Might employ 50m people in North Dakota. Can we add that to the Trump tally or do I need to start a new thread first?
Posted by bamarep
Member since Nov 2013
51788 posts
Posted on 1/22/17 at 1:12 pm to
Your butthurt will be full on dripping and bleeding before it's over.
Posted by elprez00
Hammond, LA
Member since Sep 2011
29343 posts
Posted on 1/22/17 at 1:13 pm to
quote:

I am considering starting a new company too. Might employ 50m people in North Dakota. Can we add that to the Trump tally or do I need to start a new thread first?

How are those unemployment statistics again?

Seriously, frick off.
Posted by mmcgrath
Indianapolis
Member since Feb 2010
35331 posts
Posted on 1/22/17 at 1:17 pm to
quote:

Your butthurt will be full on dripping and bleeding before it's over.
You take criticism so well.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
65555 posts
Posted on 1/22/17 at 1:20 pm to

Sounds likes a Big win to me. What city and state will this be built?
Posted by dewster
Chicago
Member since Aug 2006
25286 posts
Posted on 1/22/17 at 1:22 pm to
I think Apple is still their largest client.
Posted by dewster
Chicago
Member since Aug 2006
25286 posts
Posted on 1/22/17 at 1:23 pm to
quote:

Sounds likes a Big win to me. What city and state will this be built?



My guess would be that Harrisburg and/or Allentown, PA are being considered. That's where they currently exist today.

Foxconn has existing cooperation and operations in Pennsylvania, which is a state Foxconn would prioritize, depending on land, water, power, infrastructure and other investment conditions, he said.
This post was edited on 1/22/17 at 1:28 pm
Posted by bamarep
Member since Nov 2013
51788 posts
Posted on 1/22/17 at 1:24 pm to
quote:

Sounds likes a Big win to me. What city and state will this be built?



Article says they're looking at sites in Pennsylvania.
Posted by ForeLSU
The Corner of Sanity and Madness
Member since Sep 2003
41525 posts
Posted on 1/22/17 at 1:28 pm to
quote:

Foxconn planning

Foxconn, ... , is considering


fake thread title...

Posted by tiger perry
Member since Dec 2009
25668 posts
Posted on 1/22/17 at 1:28 pm to
Let's keep winning
Posted by joshnorris14
Florida
Member since Jan 2009
45181 posts
Posted on 1/22/17 at 1:29 pm to
Business consider without plans? Good to know
Posted by ForeLSU
The Corner of Sanity and Madness
Member since Sep 2003
41525 posts
Posted on 1/22/17 at 1:32 pm to
quote:

Business consider without plans? Good to know


gather data -> consider -> decide -> plan -> execute
Posted by Eightballjacket
Member since Jan 2016
7304 posts
Posted on 1/22/17 at 1:34 pm to
and it'll be the best display-making plant.
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