“Apple-supplier Foxconn will announce a plant in Wisconsin on Wednesday evening, accompanied by President Donald Trump and Wisconsin Gov. Scott Walker, a source with knowledge of the announcement told CNBC,” Justin Solomon and Anita Balakrishnan report for CNBC. “U.S. House Speaker Paul Ryan, R-Wis., will also be present at the announcement in Washington, a source said.”

“No exact location for the plant has been chosen — but the area of southeast Wisconsin between Milwaukee and Chicago is under consideration, according to a source,” Solomon and Balakrishnan report. “A source said that seven states were considered for the expansion, but Wisconsin appears to be a preliminary winner, and Ohio is a contender. About 10,000 jobs could be created.”

“Foxconn is also known as Hon Hai Precision, a longtime supplier to Apple,” Solomon and Balakrishnan report. “The announcement would come on the heels of a Wall Street Journal interview with Trump, where he said he had spoken to Apple CEO Tim Cook about three U.S. factories. Apple has yet to comment on Trump’s remarks.”

Read more in the full article here.

“The AP obtained the invitation from a person with knowledge of the afternoon gathering at the White House, but the person wasn’t authorized to publicly release the information,” Scott Bauer reports for The Associated Press. “Wisconsin Gov. Scott Walker tweeted earlier Wednesday that Trump planned to make a ‘major jobs announcement for Wisconsin.'”

“White House spokesman Josh Raffel confirmed the Trump announcement would be on Foxconn, but said he would not release details ahead of the event,” Bauer reports. “Republican leaders in the Wisconsin Senate have said Walker has been negotiating a memorandum of understanding with Foxconn — best known as the assembler of the iPhone — to build such a factory in southeast Wisconsin… Landing Foxconn would be a victory both for Trump, as he touts his build America agenda, and for Walker, who is up for re-election next year.”

“White House Chief of Staff Reince Priebus, who is from Ryan’s congressional district in southeast Wisconsin, told WTMJ-TV on Tuesday that Trump, when flying over the area in Kenosha County during a visit to Wisconsin in April, noticed vacant land where a former Chrysler Motors plant used to be,” Bauer reports. “‘He said, ‘That land should be used,” Priebus said. ‘So when Foxconn came into the White House, into the Oval Office, the president said, ‘I know a good spot that you should go to, that place in Kenosha.” That part of the state is an attractive location for a large plant because of the area’s proximity to Lake Michigan and its abundant water supply. To make flat-panel displays, the company will need access to great quantities of water to keep work spaces dust-free, among other things.”

Read more in the full article here.

MacDailyNews Note: PBS is carrying the announcement live via YouTube at 5pm EDT today:

SEE ALSO:
Apple supplier Foxconn nearing decision to build plant in Wisconsin to produce display panels – July 25, 2017
Made in America iPhones, after all? Apple supplier Foxconn considering iPhone plant in Wisconsin – June 15, 2017
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Apple supplier Sharp may begin building $7 billion U.S. plant in within months as Japan PM meets President Trump – February 8, 2017
Foxconn-Sharp considering LCD plant in USA, plans in response to President-elect Trump’s ‘Make in America’ call – January 13, 2017
With President Trump soon to take office, Apple looks to boost its ‘Made in America’ credentials – January 10, 2017
Make America Insanely Great Again: Apple seeks to expand Made in USA manufacturing – January 9, 2017
Apple invests $1 billion in SoftBank’s massive tech fund; may help company get in President Trump’s good graces – January 4, 2017
Apple in talks to invest $1 billion in SoftBank tech fund – December 13, 2016
Softbank to invest $50 billion in the U.S., create 50,000 new tech jobs after meeting with President-elect Trump – and Apple supplier Foxconn is in on the deal – December 6, 2016
President-elect Trump invites tech leaders to roundtable in Manhattan next week – December 6, 2016
President-elect Trump tells Apple CEO Tim Cook that he’d like to see Apple make products in the U.S. – November 23, 2016
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Apple could make iPhones in the U.S.A. under President Trump, sources say – November 17, 2016
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