Trump meets Foxconn CEO over plans for Wisconsin factory

Trump meets Foxconn CEO over plans for Wisconsin factory

President TrumpDonald John TrumpEsper sidesteps question on whether he aligns more with Mattis or Trump Warren embraces Thiel label: 'Good' As tensions escalate, US must intensify pressure on Iran and the IAEA MORE on Wednesday met with the CEO of Foxconn, the major manufacturer of Apple’s iPhones, as the company wavers on its pledge to build a large factory in Wisconsin.

“Yesterday afternoon, President Trump met with brilliant, business leader Terry Gou, creator of Foxconn one of the world’s largest companies,” White House press secretary Sarah HuckabeeSarah Elizabeth SandersBiden pledges return to daily press briefings as president Sarah Sanders: I will walk out of the White House 'with my head held high' Trump directs Pentagon to develop policy allowing service academy athletes to go pro right away MORE Sanders said in a statement on Thursday.

“Mr. Gou is spending a lot of money in Wisconsin and soon will announce even more investment there. The President and Mr. Gou did not discuss support for his campaign in Taiwan, he is just a great friend,” Sanders added.


Gou is running for president of Taiwan, and Bloomberg reported that the two had discussed his candidacy on Wednesday.

Gou also met with Wisconsin Gov. Tony Evers (D) on Thursday, according to the Milwaukee Journal Sentinel.

In 2017, Foxconn announced plans to build a $10 billion plant in Wisconsin that would employ 13,000 people. The announcement was made in the White House alongside Trump and political leaders from Wisconsin, including then-Speaker Paul RyanPaul Davis RyanOcasio-Cortez top aide emerges as lightning rod amid Democratic feud Juan Williams: GOP in a panic over Mueller House Republicans dismissive of Paul Ryan's take on Trump MORE (R).

In exchange for the investment, Foxconn would receive more than $4 billion in incentives from taxpayers.

But Evers has said that the company wants to change its agreement with Wisconsin as it lags behind its planned investments in the state. According to reports, the company now plans to open a significantly smaller facility with jobs mainly for engineers instead of factory workers.

Updated at 3:53 p.m.