clearn.png
Thursday June 4th, 2020 5:03AM

Foxconn says it shifts Wisconsin plan after Trump intervenes

By The Associated Press

MADISON, Wis. (AP) — Foxconn Technology Group says that after its chairman spoke with President Donald Trump the Taiwanese company plans to proceed with plans to construct a plant in Wisconsin that will make screens that can be used for small electronic devices.

The news Friday comes after a week of confusion about Foxconn's plans in Wisconsin. The company had said last year that it was planning to build such a facility in Wisconsin, but comments by a Foxconn official this week that it was not building a factory in the state cast the future of the project in doubt.

Foxconn says that after productive discussions with the White House, and a personal conversation between Trump and Foxconn chairman Terry Gou, it plans to proceed with the smaller manufacturing facility.

Foxconn says it will be an advanced manufacturing facility and the hub of its project in Wisconsin.

  • Associated Categories: Associated Press (AP), AP Business, AP Business - Corporate News
© Copyright 2020 AccessWDUN.com
All rights reserved. This material may not be published, broadcast, rewritten, or redistributed without permission.
Brady tops NFL Players Association merchandise sales list
Brady tops NFL Players Association merchandise sales list
1:32PM ( 17 minutes ago )
Trump health chief asks Congress to pass drug discount plan
Administration plan would channel behind-the-scenes drug discounts directly to patients
1:16PM ( 34 minutes ago )
Her knees 'broken beyond repair,' Vonn retiring after worlds
Lindsey Vonn says she will retire from ski racing after this month's world championships in Sweden
1:15PM ( 34 minutes ago )
Associated Press (AP)
Hometown protest and fans greet Schultz as he eyes 2020 bid
Former Starbucks CEO Howard Schultz returned to his Seattle hometown for the first time since saying he might launch an independent presidential bid.
1:00PM ( 50 minutes ago )
Italy's Salvini backs EU train line opposed by govt partner
Italian Deputy Premier Matteo Salvini says he supports a review of a high-speed railway project that protests have stalled for decades
12:55PM ( 54 minutes ago )
Venezuela opposition leader rejects mediation offers
Venezuelan opposition leader Juan Guaido says he's declining offers from the presidents of Mexico and Uruguay to negotiate with President Nicolas Maduro
12:55PM ( 54 minutes ago )
AP Business
Solid jobs report sends stocks mostly higher on Wall Street
Solid jobs report sends stocks mostly higher on Wall Street
11:48AM ( 2 hours ago )
Polish envoy to Slovakia summoned over tainted meat scandal
Slovakia's agriculture minister summoned the Polish ambassador to Bratislava on Friday over a scandal in which meat from sick Polish cows that were slaughtered illegally was exported to 11 other European Union countries
10:52AM ( 2 hours ago )
Deutsche Bank struggles to rebound, merger rumors hit shares
Germany's struggling Deutsche Bank suffered another loss in the fourth quarter as it faces a raft of issues including a steeply lower share price, merger speculation and legal questions.
10:18AM ( 3 hours ago )
AP Business - Corporate News
Brady tops NFL Players Association merchandise sales list
Brady tops NFL Players Association merchandise sales list
1:32PM ( 17 minutes ago )
Trump health chief asks Congress to pass drug discount plan
Administration plan would channel behind-the-scenes drug discounts directly to patients
1:16PM ( 34 minutes ago )
Her knees 'broken beyond repair,' Vonn retiring after worlds
Lindsey Vonn says she will retire from ski racing after this month's world championships in Sweden
1:15PM ( 34 minutes ago )
A robust job gain in January shows US economy's durability
US employers ignored government shutdown in January, ramped up hiring
1:13PM ( 36 minutes ago )
The Latest: Russian politicians fault US over arm treaty
Russian politicians are blaming the United States for what they say is the undermining of global security by ending compliance with a nuclear arms treaty
1:12PM ( 38 minutes ago )