Electronics maker Foxconn to invest in Michigan
DURAND, Mich. -- Governor Rick Snyder in China, trying to woo a Taiwanese company to Michigan.
Could it locate to Shiawassee County near Durand?
The so-called "Project Tim" has been a source of speculation for months. First, it was thought to be a steel mill, then an energy conversion plant.
According to an article in the "South China Morning Post", Foxconn, an electronics manufacturing company from Taiwan is planning a multi-billion dollar investment in the Great Lakes state.
The company is known for helping create the iPhone, iPad, iPod, Kindle, Playstation 4, and Xbox One.
They employ over a million employees worldwide and have been involved in several controversies relating to the treatment of their employees.
Since no specific location has been provided for this new venture, many are wondering if this could be the same company investing in Shiawassee County.
Recently, President Trump announced Foxconn would be investing $10 billion for a plant in Wisconsin resulting in 1,300 jobs for the Badger State.
Chairman and CEO Terry Gou is quoted as saying the new plant in Michigan will research, develop, and aid in the production of components for autonomous cars.
After his meeting with Gou, Governor Snyder released this statement:
""Michigan is where innovation happens. We are leading in mobility and the transformation of manufacturing, and the rest of the world is clearly taking note. I believe we have a strong future with Foxconn, and while I don't have an announcement to make today, I think there are very exciting things to come in the future."