Foxconn announces $10 billion investment in Wisconsin and up to 13,000 jobs

Foxconn Technology Group Wednesday pledged to invest $10 billion to build a display panel plant in Wisconsin that could employ up to 13,000 workers and draw up to $3 billion in subsidies from state taxpayers — a deal that could ripple through the economy and 2018 elections. “This is a great day for American workers and manufacturers and everyone who believes in the concept and the label ‘Made in the USA,’ ” said an ebullient President Donald Trump at the White House announcement.

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