Foxconn Gives Sharp the Lead on $7 Billion U.S. Manufacturing Plant

Those 700,000 jobs are temporary construction jobs or are overseas. For high-tech products, the U.S. plants would be highly automated, maybe employing 1,000 people. They won't be like the old plants that employ 50,000 people.

Sorry kids, but those massive factory jobs are never coming back to the US. Americans priced themselves out of the labor force, and you shouldn't punish consumers with higher prices in order to support American workers. If you want handouts because you can't compete, ask for handouts. Don't punish the poor and the retirees on fixed income by raising their prices through tariffs.

Those 700,000 jobs are temporary construction jobs or are overseas. For high-tech products, the U.S. plants would be highly automated, maybe employing 1,000 people. They won't be like the old plants that employ 50,000 people.

Sorry kids, but those massive factory jobs are never coming back to the US. Americans priced themselves out of the labor force, and you shouldn't punish consumers with higher prices in order to support American workers. If you want handouts because you can't compete, ask for handouts. Don't punish the poor and the retirees on fixed income by raising their prices through tariffs.

Except your analysis is exceptionally one-dimensional.

It's never 'just' 1,000 jobs added by a manufacturing plant. It's all the additional and ancillary jobs added or expanded because those 1,000 jobs are being brought in. By the way, 1,000 jobs for a high tech manufacturing plant is a rather conservative figure.

I'll give an anecdotal- but entirely relevant- example. I live in Albany, NY. If you're from New York or have lived here within the past decade (or a tech nerd), there's a good chance you've heard of Global Foundries. GloFo is a major worldwide manufacturer of CPUs. If you've bought an iPhone, an Xbox, or a Playstation in the last several years, there's a good chance the CPU was manufactured right up the road from me.

You can't get any more high tech than CPUs and all the processes involved in making them. Having GloFo build their Fab here added 'just' 5,000 permanent, new, well paying jobs. As in, positions directly hired by Global Foundries, so administrative, sales, procurement, engineering, etc. But there's more. Now you have to factor in the local unions, who are given labor contracts to maintain all the tools and machines, of which there are a lot of (I am involved in this part of the chain- we hire local union labor and are contracted with GloFo to maintain them). Next are the material vendors, who supply pretty important things that high tech manufacturing needs, like raw materials, noble gasses, piping- anything that goes into the final product or maintains, repairs, and adds to the existing infrastructure of the Fab.

But wait, there's more! GloFo is good at building CPUs, but not really good at building Fabs. So in order for the Fab to be built, they contracted the work out to an architectural firm capable of building state-of-the-art manufacturing facilities. Enter M+W, which is based in Germany. But Germany and the US are pretty far apart (and that's bad for logistics), so what did M+W do? They brought all of their workers into the area and set up permanent shop here. And since then, New York State also chose them to engineer and construct all their Nanotech Science buildings for SUNY, because hey why not. So even more jobs.

Lastly, since all these new jobs, expanded jobs, and billions of dollars have flowed into the area over the last decade, people of course have to have something to spend their money on. So you have retail chains moving in, fancy food stores, new entertainment (many of which I thought I'd never see around here), and all of which require jobs themselves. More new jobs! And all these new people moving into the area require places to live, and builders are still having a hard time keeping up with demand for new apartment and housing developments.

All from 'just' 5,000 permanent new jobs at a new plant.

Wasn't plans to build a plant in the US, in the works many years ago?
I'm sure Trump will claim otherwise.

If they are planning to break ground this year then yes they were. Plans like that don't come together overnight, and if they do then they are probably skipping some important steps in the design and engineering.
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It's not companies that are stingy. It's people like YOU that are stingy, because YOU don't want to pay $1,200 for an iPhone to support US manufacturing.

Don't blame companies, when it's people like YOU that are at fault.

It's both, you also didn't use to have such insane margins on consumer products.

In a phone call with Apple CEO Tim Cook in December, Trump said it will be a "real achievement" for his Presidency when he gets Apple to shift device manufacturing stateside.

Wasn't plans to build a plant in the US, in the works many years ago?
I'm sure Trump will claim otherwise.

And some will continue to find the negative in this. Or claim any US job was already "in the works" under Obama.

k.

Gee sorry, I happen to support our President despite it not being "cool" on the internet.

MAGA

Those 700,000 jobs are temporary construction jobs or are overseas. For high-tech products, the U.S. plants would be highly automated, maybe employing 1,000 people. They won't be like the old plants that employ 50,000 people.

Sorry kids, but those massive factory jobs are never coming back to the US. Americans priced themselves out of the labor force, and you shouldn't punish consumers with higher prices in order to support American workers. If you want handouts because you can't compete, ask for handouts. Don't punish the poor and the retirees on fixed income by raising their prices through tariffs.

They arent coming back because companies are too cheap and stingy to support the workforce and its a race to the bottom. Its called sucking the shareholder knob. We used to have factories here and people made decent livings. Then, at some point a miserable Wall-Street grinch said enough and that was the end of that.

And NO, unions are NOT the answer either. Companies just did it because it was right.

Those 700,000 jobs are temporary construction jobs or are overseas. For high-tech products, the U.S. plants would be highly automated, maybe employing 1,000 people. They won't be like the old plants that employ 50,000 people.

Sorry kids, but those massive factory jobs are never coming back to the US. Americans priced themselves out of the labor force, and you shouldn't punish consumers with higher prices in order to support American workers. If you want handouts because you can't compete, ask for handouts. Don't punish the poor and the retirees on fixed income by raising their prices through tariffs.

Still, is it not better to have the long-term jobs (probably more than a thousand, but you are correct in your idea--if they weren't so automated, it wouldn't be cost effective to have them here) in the USA?

They arent coming back because companies are too cheap and stingy to support the workforce and its a race to the bottom. Its called sucking the shareholder knob. We used to have factories here and people made decent livings. Then, at some point a miserable Wall-Street grinch said enough and that was the end of that.

And NO, unions are NOT the answer either. Companies just did it because it was right.

It's not companies that are stingy. It's people like YOU that are stingy, because YOU don't want to pay $1,200 for an iPhone to support US manufacturing.

Don't blame companies, when it's people like YOU that are at fault.

Those 700,000 jobs are temporary construction jobs or are overseas. For high-tech products, the U.S. plants would be highly automated, maybe employing 1,000 people. They won't be like the old plants that employ 50,000 people.

Sorry kids, but those massive factory jobs are never coming back to the US. Americans priced themselves out of the labor force, and you shouldn't punish consumers with higher prices in order to support American workers. If you want handouts because you can't compete, ask for handouts. Don't punish the poor and the retirees on fixed income by raising their prices through tariffs.

I'll take a 1,000 American workers vs 50,000 foreign workers.
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So how much is this weekend at a private location going to cost us tax payers due to security, transportation, and whatever Lord Dampnut decides to bill himself, err, us?

About the same as Obamas vacations and Bushs and Clintons.

It's not companies that are stingy. It's people like YOU that are stingy, because YOU don't want to pay $1,200 for an iPhone to support US manufacturing.

Don't blame companies, when it's people like YOU that are at fault.

I'll pay more. The way I see it is if there are more jobs, less unemployed. So more money to put back into the economy right?