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Wednesday, March 01, 2017

LG Electronics to Build $250 Million Appliance Factory in Tennessee

South Korea's LG Electronics Inc said it would spend $250 million to build a new factory in the United States, in a move that comes amid criticism from U.S. President Donald Trump about companies manufacturing abroad for U.S. consumers.

The U.S. administration has threatened an import tax, and Trump has attacked some of the world's biggest companies, triggering many to make promises to invest more in the United States.

LG rival Samsung Electronics Co Ltd. was also considering building a U.S. manufacturing plant as a response to criticisms about imports from Trump, a source told Reuters earlier this month.

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6 comments:

Jim said...

As long as they don't fill it with immigrant labor like so many of the other plants in Tennessee.

Anonymous said...

12:29 Exactly!

Anonymous said...

There you go Nancy Pelosi. You do not need a jobs bill to create jobs. You are such a bimbo!!

Anonymous said...

Didn't Beretta leave Md. and go to TN.? Thanks owemalley

Jim said...

Tennessee has one of the highest (illegal) immigrant populations-- they've given them an open door.
Do they work hard? Sure they do, but they depress wages and take jobs from US citizens who really want and need the work.

Anonymous said...

Thank You President Trump! You said you were going to bring jobs back to America, and you are Already Doing It! Stupid liberals will never understand how to make this country Great Again because they are always so busy trying to give it away to the Mexicans and Muslims. WE ARE TIRED OF IT, DEMOCRATS, WHICH IS WHY WE VOTED FOR A REAL AMERICAN THIS TIME!!!