Manufacturing CEO Says He’s Investing $2 Billion in US Because of ‘Confidence in Trump’

BY:

Australian billionaire and manufacturing CEO Anthony Pratt said Friday on Fox Business that he is investing $2 billion in the United States because he has "confidence" in President Trump.

"We have enormous confidence in President Trump. He's doing a wonderful job, and we think he will continue to do a great job," Pratt said. "He's reducing unemployment. As we saw today, the job figures show unemployment is the lowest it's been for a decade, and he's supporting manufacturing."

"And that's why we are doubling down on our investment in the United States, creating 7,000 high-paying manufacturing jobs, mainly in the Midwest," Pratt added.

The latest jobs report was released Friday and showed the U.S. created 211,000 jobs in April, leading the unemployment rate to fall to its lowest level in a decade, 4.4 percent. The report also showed 12,000 more Americans joined the labor force in April.

Fox Business reporter Elizabeth MacDonald asked Pratt in which states these new manufacturing jobs would be located.

"Well, it's everything from Wisconsin, for example. Last month in March, Gov. Scott Walker opened our new Wisconsin factory recently," Pratt said. "Then Gov. [Mike] Pence opened our paper mill in Indiana. We got plants in Ohio. We got plants in Pennsylvania. We got plants in a lot of the Midwest."

Trump won states like Wisconsin and Pennsylvania on election night in part due to his pledge to restore lost manufacturing jobs.

Andrew Kugle   Email | Full Bio | RSS
Andrew Kugle is the assistant social media editor for the Washington Free Beacon. He graduated from the University of Wisconsin-La Crosse in 2013. Prior to joining the Free Beacon, he worked as a Staff/Press Assistant for South Dakota Congresswoman Kristi Noem. Andrew is from De Pere, Wisconsin and lives in D.C. His Twitter handle is @AndrewJKugle. You can reach him at kugle@freebeacon.com.

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