Foxconn selects United States site for plant

LIVE STREAM: President Trump Holds Major Jobs Announcement

Seven states had competed for the plant. He also expressed concerns over the company making big announcements and not following them up. 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.

US President Donald Trump speaks alongside Terry Gou (R), Chairman of Foxconn, an electronics supplier, during an announcement that the company will open a manufacturing facility in Wisconsin, during an event in the East Room of the White House in Washington, DC, July 26, 2017. Trump was quoted saying that, if he didn't get elected, Gou would not have invested $10 billion in the upcoming project.

On that same day, Amazon said it planned to hire 50,000 people at its USA fulfillment centers, including a sprawling facility in Kenosha, not far from Foxconn's potential new sites.

Governor Scott Walker toured the state Friday to drum up excitement about Foxconn's $10 billion decision to build a plant in Wisconsin. The campus will cover up to 1,000 acres.

"We will be the first place in the world outside of countries in Asia to build, to manufacture, LCD displays, which are used not only in entertainment, but this new 8K technology we were talking about, going to be state-of-the-art in terms of entertainment, but in health care, in automation - or automobile - and aviation". The factory will be located in the congressional district of House Speaker Paul Ryan. That would cost the state about $230,000 per job.

"Part of the reason why manufacturers big and small like to come to this state is because of the supply chain here and we know that supply chain is not just limited to the county or proximity where it's at", he said during his remarks.

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Chinese electronics giant Foxconn-best known among tech geeks as the iPhone manufacturer-is looking to move some of its manufacturing stateside.

Others are concerned about the company's ability to follow through on agreements; in 2013, Foxconn planned to invest $30 million to build a factory in Pennsylvania, but it was never built.

Under Walker's executive order, the Legislature will begin the special session August 1 to consider the legislation, according to a news release. They include up to $1.5 billion in income tax credits for job creation, $1.35 billion in income tax credits for capital investment and up to $150 million in a sales tax exemption for the purchase of construction materials. This is questioned by Wisconsin state Senator Jennifer Shilling.

"My main message was: There is a world-class university in Madison, Wisconsin", Blank told the Wisconsin State Journal, recounting her informal talks with Foxconn officials.

White House Chief of Staff Reince Priebus told a Wisconsin TV station that Trump was aboard Marine One over Kenosha, Wisconsin, in April and spotted the site of a former Chrysler plant.

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