Biden touts new $3.3 billion Microsoft data center at failed Foxconn site Trump backed

Economy
RACINE, Wisconsin, May 8 (Reuters) – U.S. President Joe Biden on Wednesday unveiled plans by Microsoft Corp (MSFT.O), opens new tab to build a $3.3 billion data center in southeastern Wisconsin, drawing a sharp contrast to his Republican predecessor who had backed a previous $10 billion project at the same site that was significantly scaled back.
Biden, on his fourth visit to Wisconsin this year, said Microsoft’s investment would create thousands of jobs in the presidential election battleground state that his campaign sees as critical to his bid for a second term.

The facility will be built where Biden’s rival for the presidency, Donald Trump, announced a $10 billion investment by Taiwan electronics manufacturer Foxconn in 2017 that the company later drastically scaled back. Trump had called it “the eighth wonder of the world.”
“I’m here to talk about a great comeback story in America,” Biden told about 200 people at Gateway Technical College’s Sturtevant campus in a Midwestern state hit by manufacturing declines.
Source: REUTER

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