President Trump says electronics giant Foxconn plans to build a $10 billion-dollar factory in southeast Wisconsin. The campus will create 13,000 new jobs in the state and represents the largest new greenfield investment made by a foreign-based company in US history.
Governor Walker, along with House Speaker Paul Ryan and Vice President Mike Pence joined the president and Foxconn chairman Terry Gou at the White House for the announcement.
The company produces the liquid-crystal display panels used in televisions and computer screens.
"Today, we're announcing the single largest economic development project in the history of the state of Wisconsin. In addition to the 13,000 jobs created by the Foxconn investment, the project is expected to create at least 22-thousand indirect and induced jobs throughout the state of Wisconsin."
"And for southeastern Wisconsin, this is an absolute game-changer. It means more jobs and more security, more prosperity for families. It's another example of how our region is truly a manufacturing powerhouse, it truly is."
Foxconn says it's evaluating multiple sites in southeast Wisconsin, but the planned facility would be operational by 2020.