A revolutionary business move has been announced by South Korean company LG Electronics, who will build new production facilities in the United States that will employ American workers and produce their line of washer machines to be sold domestically.
LG Electronics has stated that they will invest $250 million to build a new plant in the United States by 2019. The factory will employ 600 full-time employees when fully staffed and will encompass 829,000 square feet.
The plant will be built near Clarksville, Tennessee, and will manufacture washing machines to be sold in the United States. LG expects that, once the facility is operational, all of its washer machines sold in America will be made domestically, which means in a few years you might actually see the label “Made in America” on your new washer machine. Most of LG’s current U.S. product lines are made in Korea, China, Vietnam or Thailand.
This facility will also have room to expand and produce other LG appliances in the future, which can add additional opportunities for employment down the road.
LG might not be the only major Asian electronics company moving manufacturing to the United States, as Reuters reports that LG’s rival Samsung Electronics is, “considering building a U.S. manufacturing plant as a response to criticisms about imports from Trump.”
So not only will you be seeing an array of LG washer machine models made in America, but portions of Samsung’s product line may be soon to follow, which could include televisions, phones and entertainment products.
One of Donald Trump’s main campaign policies that he mentioned during his rallies was bringing manufacturing jobs back to the United States, along with trying to reverse the negative impact of NAFTA, which has caused the loss of nearly 600,000 American jobs since it’s inception.
Although many liberal pundits and media outlets claimed that manufacturing jobs were never coming back in response to Trump’s campaign promises, it appears they’re being proved wrong once again, just as they were when they tried to convince America that Hillary Clinton would be the next president.
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