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Foxconn is the world's largest contract manufacturer of electronics and the biggest assembler of Apple products. Now it's building a massive factory in a village in rural Wisconsin. In a deal heralded by politicians including President Donald Trump and then Speaker of the House Paul Ryan, Wisconsin offered Foxconn close to $4 billion in subsidies to bring the project there. In return, Foxconn promised 13,000 jobs and a $10 billion investment in Wisconsin. In the last two years, however, plans have changed many times and locals have been forced to move to make way for the 3,000 acre project. CNBC got a rare chance to sit down with Foxconn and the Wisconsin official who helped broker the deal to ask: what's really going on with the project? Watch the video to learn more about the international giant trying to build one of the world's largest factories - in the United States. Clarification: Jim Mahoney decided not to take “a buyout offer” from the town of Mount Pleasant, not directly from Foxconn. » Subscribe to CNBC: 🤍cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: 🤍cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC Classic: 🤍cnb.cx/SubscribeCNBCclassic About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: 🤍🤍cnbc.com/ Follow CNBC on LinkedIn: 🤍cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: 🤍cnb.cx/LikeCNBC Follow CNBC News on Twitter: 🤍cnb.cx/FollowCNBC Follow CNBC News on Instagram: 🤍cnb.cx/InstagramCNBC #CNBC What Foxconn - Apple's Largest Manufacturer - Is Up To In Wisconsin
A lot of Americans are spoiled to be lazy. No hope to move back the manufacturing to usa again.
Hilarious
It is funny while bussiness like Foxxcon is struggling with capitals/ money to invest to create jobs for people while some rats in DC throw money away for Ukraine
Foxconn and Apple are evil
Justicia
PROPAGANDA. MODERN DAY SLAVERY
So glad to see how Wisconsin republicans screwed over their own people by giving foxconn(perfect name for them by the way) hundreds of millions in taxpayer money and never having to actually do what their contract says they will, like creating jobs. I wonder how much scum walker and punk ryan got from foxconn to create this CON on the good people of Wisconsin.
Jobs cut from 13 000 to 1400 and investment from 10 billion to 600 million as of April 2019
you know something is wrong when your company installs nets around buildings 😂
The eight wonder of the world 😂
This was nothing but a lie because Apple agreed they are I would rather have the slaves in China do their bidding for them
Just as long as they install suicide nets.
the sound is not good I am quite disappointed
Character In the video It's great, I like it a lot $$
It’s like every single promise that Trump does, he oversells it and then others bite the dust
The addiction to Tech seems to have made people forget
about how much water we need to survive.....
You hear what that guy said, Trumpers? "The skill sets are NOT in the U. S." You understand what that means? Our education system SUCKS. Thanks to your political views and votes. That, and everything else Trump touts turns to total crap. I think it's exactly what it's named: One big Fox con. Slave factory workers committing suicide? Yep, that's about right. In Wisconsin? Maybe they should start producing AR-15s. Big market for those crazies out there now.
the sound is not good I am quite disappointed
WIS*CONN*SIN HAHA 🦾🦾🦾🦾🦾🦾🌪🌪🤖🦾🤖🤖🤖🦾🤖🤖🤖🦾🤖
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