Foxconn US Plant 'Symbol of What Is to Come,' Says Ross Amid Groundbreaking
Foxconn’s $10 billion Wisconsin display fab (see 1711130023) is “a symbol of what is to come” -- the first of a “large number of investments in advanced manufacturing facilities being reshored from overseas locations,” said Commerce Secretary Wilbur Ross for…
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Thursday's The Journal Times of Racine County to coincide with groundbreaking for the plant. Foxconn CEO Terry Gou “has already said that he is considering another enormous facility in the United States,” said Ross. It's “important" to "rebuild the U.S. consumer electronics manufacturing sector,” he said. President Donald Trump spoke at the groundbreaking.