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Apple-Supplier Foxconn To Announce New Factory in Wisconsin in Much-needed Win For Trump and Scott Walker (washingtonpost.com)
An anonymous reader shares a Washington Post report: Foxconn, one of the world's largest electronics manufacturers, will unveil plans Wednesday evening to build a new factory in southeastern Wisconsin (alternative source), delivering a much-needed win for President Trump and Gov. Scott Walker, according to four officials with knowledge of the announcement. The facility will make flat-screen displays and will be located in Southeast Wisconsin within House Speaker Paul Ryan's congressional district. It is not clear how many jobs would be created. Shortly after Trump was elected, Foxconn's chairman Terry Gou said his company would invest at least $7 billion in the United States and create between 30,000 and 50,000 jobs. If it follows through with that commitment, Foxconn would become a major employer on par with Chrysler. In April, Gou spent more than two hours at the White House.
the winning just doesn't stop. go trump.
I'm smelling... TAXBREAKS!
Comment removed based on user account deletion
"You want 8 hour work days AND 15 minute breaks? We're out"
So how many H-2B visas will they need to fill all the minimum wage jobs in that factory? Unlike China they will not be able to draft high school kids to work for nothing as learning credit.
See the bit about "interns" who have part of their wages go to their schools. So basically the school is farming them out and getting a kick back.
https://www.fastcompany.com/3014988/a-day-in-the-life-of-an-iphone-factory-worker
And in more hushed news, Apple gets a $14 billion tax break to repatriate $50 billion from their offshore stash.
And in even later and more hushed news, Trumps companies get the contracts to build the $7 billion factory.
wait for it....
Is this the Foxconn plant in Wisconsin that's been on the drawing board since 2010?
Bias much?
nahhhh. nothing fishy going on here.. nothing at all.
i didn't know the rich part of the state needed jobs that bad, either. how about, ya know, the smaller cities that need the jobs a hell of a lot more? rapids or north on 39, or lacrosse, eau claire, superior..... they all need those jobs. not the rich northern suburbs of chicago.
Working with PCBs and ASICs and LCDs and batteries involve handling a lot of toxic materials.
To process these materials cleanly requires a lot of water.
Hopefully this factory is built outside the Lake Michigan water basin.
Finally! All those cheap manufacturing jobs we shipped off to other countries are coming back to us, now that all of our well-paid knowledge-jobs have gone overseas. We finally did it, guys! We've given our great jobs to the third world and taken on the shit jobs we used to farm out to them!
We even got the company whose primary claim to fame is how its working conditions are so horrible that it's employees kill themselves in high enough numbers that they have to install safety nets around the buildings, to keep them from dying when they try to commit suicide!
I'll believe Foxconn is building a plant when Foxconn builds a plant. Otherwise it would not be the first time Foxconn makes an announcement like this and then when the focus is gone they forget the whole thing.
Sorry, teleporters just kill you and then make a copy. A perfect, soul-less copy.
non union / min wage / may need to be chipped and 39 hours a week on paper (so no benefits and by the time we open healthcare plan as well) But lots of OT needed. (living on site is preferred (nice low cost for that))
They will hire mexicans to do the packaging, the rest will be handled by robots.
make moves that are profitable. Somehow, someway they are making more money with this move. Profit is sacred.
Thank god. The US was really falling behind with an an ever-growing suicidal worker gap. And now US high school students can also have "unpaid internships" working hours each day in factories to teach them valuable work skills, much like their Chinese contemporaries.
The only thing necessary for evil to triumph is for it to be pitted against a slightly greater evil
In Wisconsin? Did I even spell that right? Never mind!
The Republican admin is gone so will this political payola.
So Foxconn clearly doesn't NEED to build a plant in Wisconsin. They're doing fine with what they have, and presumably they could've built this plant in China where wages are lower.
So that really raises the question of how much this must've been worth to them politically to help Trump out. They must be getting a really sweet deal to do this. I love Apple and generally agree with their politics, but let's be totally clear here, they're not doing this out of the goodness of their hearts. And Foxconn is DEFINITELY not doing it for the enrichment of American workers because that's a thing they really feel committed to.
Will this become a trend?
Wealthy Chinese already invest heavily in American real estate.
So will China now begin to own many US factories?
I wonder how this will affect relations between China and the US if Trump starts a trade war.
Right? Because they treat their employees so badly, quite a lot find a jump from the roof preferable.
Most ACs are not even worth the keystrokes to insult them. Be generically insulted by this and ignored otherwise.
Deplorables with incomes? Ew. Deindustrialize.
/s
Maw! Fire up the karma burner!
In a totally unrelated story, the suicide rate in Wisconsin is at an all time high...
If they aren't on par with union conditions, or they are on par with Chinese conditions, then *shrug*
before nestle can sweep in and steal it from us.
you're all idiots.
huh? So far his presidency has been a constant win streak. All he touches turns to gold. (well, except CNN)
move in, take bunch of tax breaks that basically pay for the whole thing then leave in 5 years when the tax breaks run out. To be fair Carrier got the tax breaks and didn't even wait the 5 years.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
Most of the plant will be run in the dark by robots.
Have fun believing in the jobs, because they're like pipeline jobs, 99 percent disappear once it's built.
Oh, wait, did I burst your bubble?
-- Tigger warning: This post may contain tiggers! --
with Wisconsin after this. http://www.zdnet.com/article/judge-orders-apple-to-pay-506m-to-university-for-patent-infringement/
Its a well know fact how apple holds a grudge when they get caught breaking the law. They will probably black-list the entire state.
so it's ok When the Koch brothers do the same thing?
Jesus I wish people would stop saying that shit and get it right. Trump is NOT A LIAR. Trump is a BULLSHIT ARTIST. There's a difference:
So stop calling Trump a liar and wake up to what he's really all about: BULLSHIT
Don't compare the Koch brothers to George Soros. Soros doesn't spend anywhere near as much as those two.
"When information is power, privacy is freedom" - Jah-Wren Ryel
It's a one-story building, because Foxconn employees have the annoying habit to jump from the roof.
So Foxconn clearly doesn't NEED to build a plant in Wisconsin. They're doing fine with what they have, and presumably they could've built this plant in China where wages are lower.
You could say the same about foreign automakers.... yet Toyota, Hyundai, Subaru, etc. all have plants in the US.
Politics is always a consideration. But as with most business decisions, there are multiple benefits to consider. As automation improves, labor cost becomes less important. And as screens get larger, they become harder to ship. The panel and coverglass are the largest components. So I would expect Foxconn to import electronics from Asia and assemble panels in the US, using coverglass produced stateside by Corning, which is the leading supplier. And finally plastics: polyolefins from MTO in China is 5x the supply cost of polyolefins from ethane in the US. With half dozen world-scale plants coming online in the US in the next few years, plastics supply cost will be relatively cheap in the US.
So yeah, political reasons might have kicked it over the edge, but there are other considerations at play before a company invests billions of dollars.
Are you retarded, or have you knobbed too many dirty donkeys off on Massa Soros' ranch?
Good Christ - you're stupid!
With good internet connections they will be able to run and manage the robots remotely.
Thanks Trump!
See subject: You LOSE again, as always, SOROS losers, hahahaha! Now go ask George Soros the delusional old evil toad for more money he's paying you whether you be BLM, Antifa, Open Society Foundation etc. traitors trying to divide & conquer the USA for your PAY https://www.youtube.com/watch?v=3E8kW37Kr4Y/
* SOROS, who says he's a GOD, lol, delusional psychotic break Christ wannabe complex & wants to break the USA + any constitutional republic that is't bowing to the UN (or EU Rothschild IMF funded loons like him)
LASTLY Yes, you truly ARE "SOROS" losers trying to bogus "downmod hide" truth you can't STAND 2x now, lmao https://apple.slashdot.org/comments.pl?sid=10913999&cid=54884445/ & https://apple.slashdot.org/comments.pl?sid=10913999&cid=54884937/
APK
P.S.=> Trump's got another GOOD "notch on his belt" along w/ these from a VERY respected reputable source https://stonecoldtruth.com/despite-continuous-attacks-trump-getting-the-job-done/ - & what do SOROS LOSERS have on their faces? Egg, lol... I love it! apk
The quote from Terry Gou about the possible number of jobs is misleading. There will not be 30,000 - 50,000 jobs involved for the plant in SE Wisconsin, more like 3000, if that many. Let's not conflate the possible economic benefits. I cite the report on PBS Newshour tonight to back my claims.
After all, that and the guard towers are what Foxconn is famous for, other than dirt cheap labor sleeping in rows in barracks with bunk beds.
This would be the Trump who had to drag McSame out of his death-bed just to get a vote to make a discussion to have a vote to take away healhcare?
Not much winnage in your windbag
Where will the labor come from? On par with Chrysler? No way are Wiscononites going to work for $3 per day with almost Nazi-like oversight.
... or is Wisconsin, well never mind. Regardless, these jobs don't belong where black or white Americans can reap the benefits of hard work in a union shop, they belong somewhere where Americans pay and get nothing in return but a new phone they buy again in 18 months!!! #FAUXOUTRAGE!!!!!!!!
You mean Obama's robbing Fannie and Freddie illegally to fund his failed Obamacare?
APK
P.S.=> "In every revolution, there's 1 man w/ a vision" - Spock "Who told you that?" - Evil Kirk "YOU did..." - Spock @ termination of "FAIREST OF THEM ALL" https://www.youtube.com/watch?v=dJf2ovQtI6w/ ... apk
that. Ugh. Even joking about America's last worst mistake, hurts.
Since FoxConn does not share their business strategy to show projected ROI on this Potential investment the sky is the limit on guessing rationales. Lower Costs = unlikely Strategic location = not to far from O'hare airport a mid-west hub, along with train freight and trucking highways so ok relative to East Coast but not a major advantage. A hedge against supply disruptions if political tensions arise seems possible though other countries could offer similar benefits cheaper except for the military might and USD. Terry Gou shrewdly prolonged negotiations with Sharp for concessions on contingencies and deteriorating situation at the Company. Think FoxConn will require some of the soft promises to be firmed up in writing befor proceeding full speed and until then move slowly ahead with awareness to Walker, Ryan and gang can walk away if favorable environment fades. Still a positive development for WI & US to be in the consideration phase but the tough work lies ahead getting factory built and producing. Motorola built a few nice plants in Northern Illinois including Galvin's hometown of Harvard the latter never fully ramped up and barely used before being shuttered. So things can change. A modest applause warranted now but save the yippees and yahoo bragging until there is some solid substance and economic benefits created.
$3B in subsidies for "up to" 13,000 jobs, but likely fewer.
If anyone wants to fact check, I have not done so, but the first couple minutes from the below:
https://youtu.be/-arbVKmLVl0
Make some effort. At least one effort.