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Kin Cheung / AP

Contract manufacturer Foxconn, which makes gear for Apple and other big tech firms, will announce its plans for a LCD manufacturing plant in Wisconsin. An announcement is expected to take place at the White House at 5 pm, a source told Axios.

CNBC earlier reported that Foxconn would make the announcement today.

Context: The move comes as President Trump told the Wall Street Journal this week that Apple planned to open three "big, big, big" plants in the U.S. Since Apple relies mainly on suppliers and contract manufacturers, this could be part of what the president was talking about, although the plant isn't necessarily making anything for Apple.

UPDATE: The project was officially announced at a White House event by Wisconsin Gov. Scott Walker, who said that Foxconn will invest $10 billion in the project to create 13,000 jobs with an average annual salary of more than $53,000. The state of Wisconsin will provide Foxconn with $3 billion in economic incentives.

Go deeper

Updated 43 mins ago - Politics & Policy

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Illustration: Sarah Grillo/Axios

  1. Health: Large coronavirus outbreaks leading to high death rates — Coronavirus cases are at an all-time high ahead of Election Day — U.S. tops 88,000 COVID-19 cases, setting new single-day record.
  2. Politics: States beg for Warp Speed billions.
  3. World: Taiwan reaches a record 200 days with no local coronavirus cases.
  4. 🎧Podcast: The vaccine race turns toward nationalism.

Technical glitch in Facebook's ad tools creates political firestorm

Facebook CEO Mark Zuckerberg. Photo: SOPA Images / Contributor

Facebook said late Thursday that a mix of "technical problems" and confusion among advertisers around its new political ad ban rules caused issues affecting ad campaigns of both parties.

Why it matters: A report out Thursday morning suggested the ad tools were causing campaign ads, even those that adhered to Facebook's new rules, to be paused. Very quickly, political campaigners began asserting the tech giant was enforcing policies in a way that was biased against their campaigns.

2 hours ago - Health

States beg for Warp Speed billions

A COVID-19 drive-thru testing center yesterday at Hard Rock Stadium in Miami Gardens. Photo: David Santiago/Miami Herald via AP

Operation Warp Speed has an Achilles' heel: States need billions to distribute vaccines — and many say they don't have the cash.

Why it matters: The first emergency use authorization could come as soon as next month, but vaccines require funding for workers, shipping and handling, and for reserving spaces for vaccination sites.