Business

After Trump Meeting, Japan Drops Bombshell On American Economy…And Donald is Smiling!

When Donald Trump said during his presidential campaign that he wanted to “Make America Great Again,” very few people understood the full extent of that statement or what it might take to accomplish it.

But Trump is a veteran businessman and a world class negotiator who knows how to bring business back to America and restart our manufacturing base so that this country isn’t just a service economy but a product manufacturing economy, as well.

Since becoming elected, the “Trump Effect” has begun, and many businesses have announced plans to increase their workforce. An amazing addition to the American economy includes Japan’s SoftBank.

According to Townhall:

Japanese telecommunications and energy company SoftBank — whose founder met with President-elect Donald Trump this month — says it has agreed to invest $1 billion in the U.S. company OneWeb Ltd., which is building a network of satellites for global broadband access.

The $1 billion commitment follows founder Masayoshi Son’s promise to Trump to create 50,000 jobs and invest $50 billion in U.S. startups.

The two companies announced Monday that OneWeb had obtained promises of $1.2 billion from SoftBank and other investors.

The funds will finance the construction of a factory in Exploration Park, Florida, to produce 15 satellites per week at low cost. The companies said the business could create nearly 3,000 engineering, manufacturing and other jobs.

OneWeb expects the factory to go online in 2018.

Technology development is an area where America still has a distinct advantage over most of the rest of the world.

If things go as president-elect Trump has promised, then America may very well have a brighter future to look forward to…. And we are excited about the possibilities!

Source: Townhall

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