The thousands of jobs that Foxconn says it will create when it opens a massive manufacturing plant in southeast Wisconsin are projected to have an average annual salary of $53,875 plus benefits - lucrative enough to attract workers from across the state and nation.
"If I didn't get elected, he definitely would not be spending $10 billion (in the U.S.)", Trump said. "This is a great day for America". About half is for capital costs and almost half for workforce development. Little known to consumers, the maker of iPhones and other gadgets is a giant in the electronics industry thanks to its dominant position in the global manufacturing supply chain.
In an interview with the Times today, the Alliance for American Manufacturing said it will wait to see Foxconn actually handing out paychecks. It said last month it plans to invest more than $10 billion in a display-making factory in the United States.
Foxconn - the manufacturer responsible for bolting together most of Apple's products - is planning to build a factory on USA soil, reports the New York Times. Foxconn has another small operation in Pennsylvania. Governor Scott Walker called the deal "the single largest economic development project in the history of Wisconsin".
The talks with Foxconn for plant in MI, likely geared toward automotive, have advanced to discussing permitting from the state Department of Economic Quality, jobs training with local community colleges and worker transportation for a site in Romulus, sources said.
"If the training is available and the people have taken advantage of that down there, and I'm sure it is, then I think it's going to be a good fit", Warsaw said.
The plant is meant to be one of the largest manufacturing campuses in the world, according to Walker's office, and could draw 10,000 construction jobs over the next four years while the plant is built. He's promised incentives and tax breaks for companies that move production to the United States.
"This has the opportunity to be one of the largest job creators in U.S. manufacturing", a senior administration official told CBS News. The Milwaukee Journal-Sentinel has reported that some experts believe it could total as much as $3 billion.
It would mark a substantial gain for a state that now has 472,000 manufacturing jobs and is still recovering from factory layoffs-including the closure of a General Motors plant in Ryan's hometown-that hit after the 2008 financial crisis. "That would be three times the size of the U.S. Pentagon or for those of us who are Packer fans, that's big enough to put 11 Lambeau Fields inside of that space", Walker says.
Apple has not commented about Trump's claim.