CHINA-TAIWAN-US: TAIWAN'S FOXCONN INVESTS IN USA

Apple supplier and Taiwan's leading IT company, Foxconn Technology Group has announced it will build a massive plant in Wisconsin that would employ thousands. A White House spokesman said the deal will "bring jobs and billions of dollars in investments to our country." Joining President Donald Trump at the event will be Wisconsin Gov. Scott Walker, U.S. House Speaker Paul Ryan, Wisconsin Assembly Speaker Robin Vos (R-Rochester), state Senate President Roger Roth (R-Appleton) and Milwaukee County Executive Chris Abele. U.S. Sen. Tammy Baldwin (D-Wis.) also plans to be there, and U.S. Sen. Ron Johnson (R-Wis.) will be there, depending on the Senate schedule. Foxconn's plant is expected to be located in Racine County or Kenosha County, which are both in Ryan's district. Plans to bring the manufacturer of iPhones and flat-panel TV screens to Wisconsin will cost $1 billion to $3 billion in local, state and federal incentives over coming years, according to the Milwaukee Journal Sentinel. Foxconn has talked about building not just a large factory but a virtual village, with housing, stores and service businesses — spread over as much as 2,300 acres, a source said. That acreage, an area totaling more than 3 square miles, potentially could be assembled from parcels that initially weren’t contiguous.







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