Tags: Donald Trump | trump | apple | build | US | plants

Trump to WSJ: Apple Will Build 3 US Plants

Image: Trump to WSJ: Apple Will Build 3 US Plants
(Photo by Chris Kleponis - Pool/Getty Images)

By    |   Tuesday, 25 Jul 2017 06:05 PM

Apple CEO Tim Cook told President Donald Trump the company will build three manufacturing plants in the United States.

Trump revealed to The Wall Street Journal that Cook has committed to the plan, although the president would not reveal specific details.

"I spoke to [Cook], he's promised me three big plants — big, big, big," Trump said. "I said, 'you know, Tim, unless you start building your plants in this country, I won't consider my administration an economic success.' He called me and he said they are going forward."

Most of Apple's products are manufactured overseas, but the Cupertino, Calif.-based company has been looking to expand its U.S. presence beyond its headquarters and two plants that produce Mac computers.

Foxconn manufactures the bulk of Apple products and is also seeking a U.S. expansion, in the form of an investment of $10 billion or more across several states. Trump told the Journal Foxconn is going to build a plant in Wisconsin, although the company would not confirm that.

During the presidential campaign, Trump called on Apple to open a U.S. plant in an effort to boost the American economy.

Forbes ranks Apple as the world's most valuable brand, pegging its market cap at $752 billion.

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Apple CEO Tim Cook told President Donald Trump the company will build three manufacturing plants in the United States.
trump, apple, build, US, plants
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2017-05-25
Tuesday, 25 Jul 2017 06:05 PM
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