Foxconn renews commitment to build manufacturing plant after speaking with President Trump

NOW: Foxconn renews commitment to build manufacturing plant after speaking with President Trump

MADISON, Wis. (AP/CBS 58) — Foxconn Technology Group says after speaking with President Donald Trump the Taiwan 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 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.

Following the news, Racine County leaders issued a statement saying they "welcome today's announcement that Foxconn has determined the LCD/TFT technology it will build at its advanced manufacturing campus."

According to local leaders, Foxconn will host information sessions in April on the next round of construction. Work on the Gen6 Fab facility is expected over the next 18 months.

Republican Assembly Speaker Robin Vos and Senate Majority Leader Scott Fitzgerald released a statement thanking President Trump for speaking with Foxconn Chairman Terry Gou:

“We want to thank President Trump for his commitment to Wisconsin workers – our state has an ally in the White House who is dedicated to helping us bring family-supporting careers to our state.

“We also want to thank Foxconn for reaffirming its commitment to the historic investment in Wisconsin. Southeast Wisconsin and the entire state will see an influx of manufacturing jobs and billions in investments that will impact Wisconsin for generations to come.

“Wisconsin Republicans are dedicated to keeping our state open for business. We will continue to fight to keep the state moving forward.”

Here is Foxconn's full statement:

After productive discussions between the White House and the company, and after a personal conversation between President Donald J. Trump and Chairman Terry Gou, Foxconn is moving forward with our planned construction of a Gen 6 fab facility, which will be at the heart of the Wisconn Valley Science and Technology Park. This campus will serve both as an advanced manufacturing facility as well as a hub of high technology innovation for the region.

Our decision is also based on a recent comprehensive and systematic evaluation to help determine the best fit for our Wisconsin project among TFT technologies. We have undertaken the evaluation while simultaneously seeking to broaden our investment across Wisconsin far beyond our original plans to ensure the company, our workforce, the local community, and the state of Wisconsin will be positioned for long-term success.

We look forward to continuing to expand our investment in American talent in Wisconsin and the US.

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