Trump Says Apple CEO Has Promised to Build Three Manufacturing Plants in U.S.
July 25 2017 - 04:19PM
Dow Jones News
By Tripp Mickle and Peter Nicholas
President Donald Trump on Tuesday said in an interview that
Apple Inc. Chief Executive Tim Cook has committed to build three
big manufacturing plants in the U.S., a surprising statement that
would help fulfill his administration's economic goal of reviving
American manufacturing.
Mr. Trump, in a 45-minute interview with The Wall Street
Journal, said Mr. Cook promised him Apple would build "three big
plants, beautiful plants." Mr. Trump didn't elaborate on where
those plants would be located or when they would be built.
"I spoke to [Mr. Cook], he's promised me three big plants --
big, big, big," Mr. Trump said as part of a discussion about
business-tax reform and business investment. "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."
Apple declined to comment.
Mr. Trump's comments were some of the first he has made
regarding Apple manufacturing since assuming the presidency and
revive pressure on the world's largest company by market value to
move manufacturing operations from Asia to the U.S.
Write to Tripp Mickle at Tripp.Mickle@wsj.com and Peter Nicholas
at peter.nicholas@wsj.com
(END) Dow Jones Newswires
July 25, 2017 16:04 ET (20:04 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
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