NEW JOBS coming to SC with Samsung plant

NEW JOBS coming to SC with Samsung plant

"With this investment, Samsung is reaffirming its commitment to expanding its US operations and deepening our connection to its American consumers, engineers and innovators who are driving global trends in consumer electronics", Tim Baxter, president and CEO of Samsung Electronics America, said in a statement. Samsung accounted for 18.7 percent washer sales in the U.S.in 2016. The facility, which will manufacture premium home appliances for the USA market, will eventually employ 954 workers. The company plans to turn out other appliances but did not specify.

Samsung says it expects to begin manufacturing later this year, in response to growing USA demand.

"This new investment will enable Samsung to increase the speed with which we can deliver premium home appliances", Samsung Electronics co-chief executive Yoon Boo-Keun said in a statement. "Samsung officials expressed "bewilderment" and confusion over Trump's [statement]", BGR said at the time. It has been considering manufacturing base in the USA since three years ago and reviewed multiple sites. The company has spent about $17 billion to operate a massive factory in Austin, Texas, to build semiconductors for use in phones and other devices, and it has partnered with GlobalFoundries on its chip factory in upstate NY. By securing this new production line, it is planning to accelerate its plans to go after premium home appliance markets in the U.S. According to an American market research company called TraQline, Samsung Electronics had the highest market share in home appliance market in the U.S. previous year with 17.3%.

Samsung Electronics acquired Dacor, which is a North American luxury home appliance brand, in last September and has secured built-in home appliance production base that targets housings and constructions around industries in California. The company has a call center in Greenville County that supports jobs for 800 full-time and contract employees.




Samsung said in a statement it began "contemplating an expansion" of its us production about three years ago and initiated discussions with SC in the fall of 2016.

The company insisted the decision was not the result of pressure from U.S. President Donald Trump. "The newly built factory will be a basis for long-term growth in the world's largest home appliance market", the company said in a statement.

After the report on the possible Samsung plant in February, Trump tweeted, "Thank you, @samsung! We would love to have you!", citing a report that the company might build a U.S. factory to produce home appliances. The president has been pressuring companies, including tech giant Apple, to manufacture more of their devices in the US.

"For almost 40 years, Samsung has steadily expanded our operations in the United States, creating thousands of jobs and investing billions of dollars in cutting-edge manufacturing facilities, research, and development", said Tim Baxter, president and CEO of Samsung Electronics America, in a statement.

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