Report: White House To Announce $10 Billion Foxconn Manufacturing Investment in Wisconsin…

Various business news media are reporting the 5:00pm White House announcement on jobs and manufacturing in the U.S. will center around a $10 billion investment in U.S. manufacturing by Foxconn, most noted as the production company for Apple iPhones.

In the larger picture the anticipated announcement is further evidence in the flow of capital into a U.S. manufacturing economy being resurrected by the America-First economic policy of President Trump.

Additionally, there is a political win for DC professional GOPe politicians like Paul Ryan as the manufacturing hub is anticipated to be located in Ryan’s district and hometown.

(Via Bloomberg) President Donald Trump will announce Wednesday that Foxconn Technology Group plans a new factory in Wisconsin, fulfilling the Taiwanese manufacturing giant’s promise to invest in the U.S.

The factory will open in the home district of House Speaker Paul Ryan, a Wisconsin Republican, who personally lobbied Trump and White House chief of staff Reince Priebus to help secure the plant. It’s expected to employ about 3,000 people at first and, after an initial $10 billion investment, the facility is scheduled to expand over a 2 1/2-year period, according to a person familiar with the plans who requested anonymity to discuss the announcement before it was made.

Foxconn chairman Terry Gou plans to join Trump, Ryan, Wisconsin Governor Scott Walker, and Vice President Mike Pence at the White House to make the announcement.

The company has said it hopes to increase its investment in U.S. manufacturing, with a focus on building flat-panel screens. Economic development officials from Illinois, Indiana, Michigan, Ohio, Pennsylvania, Texas, and Wisconsin have all vied for Foxconn’s attention.

[…] Trump had noticed vacant land during an April visit to Kenosha County.

“He said, ‘That land should be used.’ So when Foxconn came into the White House, into the Oval Office, the president said, ’I know a good spot that you should go to, that place in Kenosha,’” Priebus said. (read more)

This entry was posted in Big Government, Donald Trump, Economy, media bias, Paul Nehlen, Paul Ryan, President Trump, Uncategorized. Bookmark the permalink.

91 Responses to Report: White House To Announce $10 Billion Foxconn Manufacturing Investment in Wisconsin…

  1. Thank you Mr. President.

    Liked by 9 people

  2. sundance says:

    Liked by 1 person

  3. Pam says:

    Like

  4. And like that, Trump wraps up Wisconsin in 2020!

    Liked by 15 people

  5. Pam says:

    Sorry about that Sundance, just a little too quick on the trigger.

    Liked by 3 people

  6. Dreadboi says:

    Guess Paul Nehlan can pretty much shut dwn his campaign to take out Ryan now???

    Liked by 2 people

  7. In Az says:

    Paul Ryan, the typical communist liberal that he is, takes credit for what President Trump did.

    And Ryan will bring in even more foreign workers and illegals for the factory claiming American citizens are not trained to do the work.

    Liked by 4 people

    • H.R. says:

      In AZ: “And Ryan will bring in even more foreign workers and illegals for the factory claiming American citizens are not trained to do the work.”

      Nahhh… just robots and techs to fix robots. There will be a lot of support staff. Probably not a lot of line workers.

      The real worry is if they are going to let the robots choose one of 57 genders. I see trouble ahead 😜

      Like

  8. H.R. says:

    I suppose “Master of The Deal” Paul Ryan guaranteed that the taxpayers of Wisconsin would make up any shortfalls in Foxconn revenues should there be an operating loss? Maybe throw in no state income taxes on the Foxconn executives to sweeten the pot?

    Of course there is the bog-standard property tax relief for 25 years. Every taxing district throws that in when trying to attract business.

    Still, it’s good news for the techs that needed to keep the robots up and running.

    Like

  9. Oldskool says:

    Good news for the folks in the Kenosha area, bad news though for the rest of us in the country with Ryan cementing his seat.

    Like

  10. sundance says:

    Liked by 16 people

  11. Owlen Rose says:

    Wisconsin is now a red state for decades. We’re talking Alabama Crimson Tide red.

    Liked by 4 people

  12. tampa2 says:

    CNN will report: Land in Kenosha Tied to Russia and Trump Family!

    Liked by 3 people

  13. liberty2828 says:

    How come locals and other Americans won’t be getting these jobs?

    Could it be that Trump and maybe Paul Nehlen will gain 3,000 new voters?

    Liked by 1 person

  14. Athena the Warrior says:

    President Trump is doing this for the people of Wisconsin but Ryan the snake will make it about him. McCain is out there saying not so fast on the trans ban in the military even after PDJT is gracious to him. He also voted NO on the repeal.

    It doesn’t matter how good PDJT treats the swamp creatures, they will always be rats.

    Liked by 7 people

    • Angry Dumbo says:

      Yes you are right. I think the best way to look at this development is that PDJT put a coin in the grinder monkey’s hat. Time for Ryan to dance. FoxConn does not come to Wisconsin without PDJT. Ryan’s district cries out for lost manufacturing. If MAGA has any meaning, it lives in rust belt districts such as Ryan’s. Ryan is now tied to PDJT. PDJT gave to Ryan expecting nothing in return. I expect PDJT to campaign in Janesville within the week. This is a very big MAGA win.

      Liked by 1 person

    • decisiontime16 says:

      Ryan is no friend to American workers.

      “Then in 2008, Janesville saw 5,000 jobs at GM and other auto-related companies disappear from the community, the Journal Sentinel reports.

      Last November, Oscar Meyer announced that it was shutting down its headquarters in Madison, “wiping out hundreds of jobs at a company that has been a part of the community’s fabric since 1919,” the Associated Press wrote.

      Yet Paul Ryan has been one of Congress’ leading champions for globalist trade policies that impact American jobs and American workers.
      Last year, Ryan served as President Obama’s “partner” in his effort to fast track the Trans-Pacific Partnership— even though Wisconsin suffered a net loss of nearly 40,000 jobs in 2015 alone due to the U.S. trade deficit with TPP countries, according to the Economic Policy Institute.

      In 1999, the year Paul Ryan took office, the U.S. trade deficit in goods with China was $68.7 billion. By 2015, our trade deficit in goods with China had ballooned to $367.2 billion.

      In 2015, Ryan pushed to fast track the Trans-Pacific Partnership even as President Obama was indicating that China could eventually join the TPP.

      As the elected representative of Wisconsin’s first Congressional District, Ryan has presided over the shuttering of factories that had previously been fixtures of the community for decades. Ryan watched as many of these companies shipped his constituents’ jobs overseas.

      http://www.breitbart.com/big-government/2016/07/11/janesville-gm-worker-urges-wisconsin-to-retire-ryan/

      Liked by 3 people

  15. Troublemaker10 says:

    And…

    Walmart unveils manufacturing plan to create 1.5 million new jobs
    http://www.foxbusiness.com/markets/2017/07/26/walmart-unveils-manufacturing-plan-to-create-1-5-million-new-jobs.html

    And…

    Small businesses increasing pay to stay competitive
    http://video.foxbusiness.com/v/5522015246001/?playlist_id=3166411554001#sp=show-clips

    Liked by 4 people

  16. Joe Blow says:

    Look at that picture. It’s eating him up inside.

    I guess middle class prosperity is hard on the stomach.

    Liked by 1 person

  17. Chris Geddes says:

    I actually trust Trump / Pence on this one . As in , keep your friends close , and your enemies closer .

    Like

  18. Harry Lime says:

    Just imagine how many more jobs would be created under the Trump Administration if the obstructionist Dems & Repubs would allow him to pass his tax reforms…

    Liked by 6 people

    • Harry Lime says:

      I should say, “how many more jobs would be created in addition to the jobs that are already being created now…”

      It would be even more WINING for America!

      Liked by 3 people

  19. Peter says:

    Ryan will be speaker for the next 20 years.

    He may go for the presidency, but after Trump – I see the business of a Ryan type going bankrupt. Still. 10 billion is a lot of votes in his district. He ain’t going anywhere.

    Like

  20. BillRiser says:

    Hope Foxconn leaves thier suicide nets at home, but this plant will be robotized.

    Liked by 2 people

    • wolfmoon1776 says:

      So they can ship the tech back to China! BINGO! That’s the plan.

      Gotta stay WAY ahead of the ChiComs on this.

      Like

      • BillRiser says:

        They will be making Sharp LED panels. Would not have happened under Obama. LED’s have nitrogen trifluoride gas a highly environmental unfriendly gas that stays in the environment for 550 years. Glad to see the jobs but thought you would like some back ground.

        Like

      • highdezertgator says:

        Foxconn is headquartered in New Taipei City, Taiwan (not mainland)

        Liked by 1 person

        • wolfmoon1776 says:

          Still, there is a reason that Taiwanese have been considered a security risk for decades. The ChiComs know very, very well how to use Taiwanese and Koreans. It’s almost boilerplate tactics now.

          Like

          • highdezertgator says:

            No doubt… they are at the mercy of the 1 billion pound gorilla. Point is they are Taiwanese
            not Mainland and they are increasing their military spending to 3 % of GDP to counter the Reds militarization of the South China Sea.

            “Taiwan plans to raise military spending by about 50 percent next year as President Tsai Ing-wen attempts to offset China’s growing might and support the local defense industry.”
            Source https://www.bloomberg.com/news/articles/2017-03-16/taiwan-plans-military-spending-increase-to-counter-rising-china

            We have a “security partnership” with Taiwan even though we do not formally recognize them diplomatically.

            Liked by 1 person

          • dayallaxeded says:

            Have to wonder why the reds have gone all this time without trying to invade and occupy Taiwan–I’ve always thought is was b/c Taiwan has secret nukes, USA ally, and ultimately still has a whole lot of stroke with people stuck on the mainland–they might see how much better life is for Taiwanese and figure the invasion and occupation needs to go the other way. Total armchair views, but ya gotta admit, it’s weird there’s such a huge power disparity on the surface, yet nothing happens but saber rattling. Sounds a lot like a MAD situation to this boomer.

            Liked by 1 person

  21. Abster says:

    Paul Ryan is disgusting. If he can’t back PTrump, he shows he doesn’t care about our country or its people. Screw Paul.

    Liked by 4 people

  22. Big Jake says:

    Ugh……… A win for Ryan who sells us out daily. SMH.

    Liked by 2 people

  23. Bakokitty says:

    Ryan needs to be walked trough a metal detector daily to make sure he is not carrying a knife to shiv ( metaphorically)the President in the back. He is not to be trusted, he has already proven that.

    Liked by 1 person

  24. frank field says:

    I’m trying to be a nice guy here…I loath Ryan. Dear beloved Trump, please help Nehlen MAGA.

    Liked by 1 person

  25. dayallaxeded says:

    Man, how about some of these jobs for po lil Lousyana! No hurrimakanes up north and lots of good ol boys n gals ready to work. Do it to shame the Demorat goobernator and for our R legies, like Scalise. Maybe some strategery–get Ryan wet for Foxconn, then when he pulls some uniparty BS, pull it down to Shreveport/Bossier or (gag) Monroe, LA. Then laugh as his constituency realizes he’s the problem and Nehlen or another Trumpist challenger is the solution.

    Like

  26. Carolina Kat says:

    I think of that scripture about heaping coals of fire on their heads.

    … you know…. by being nice to your enemies.

    Prv 25:21-2
    “If your enemy is hungry, give him food to eat; And if he is thirsty, give him water to drink; For you will heap burning coals on his head, And the LORD will reward you.”

    Liked by 2 people

  27. jojo says:

    I send $$ to Nehlen last time and I’ll even go to WI to help with his campaign to get rid of the elite, global, donor bought and paid for slugball. Get out there an support Nehlen, it’s how we can support POTUS.

    Liked by 2 people

  28. tazz2293 says:

    How I wish I was the one who set the trap that would slam down on Rat Ryanos neck to smack that grin off his face.

    Like

  29. Mike diamond says:

    Right on President Trump ,Paul Ryan looks kinda sneeky! We are for you president Trump!!!!

    Like

  30. Roozter says:

    Oh, how I’d ❤❤❤❤ to slap that smug smile off that lying face!!!

    Like

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