"Siemens has been doing business in the United States for more
than 160 years. We not only deliver products and solutions to
America, but the Walpole expansion demonstrates our passion for
making things here, hiring here and working closely with U.S.
customers," Lisa Davis, management board member at Siemens, said
in a statement on Friday.
Her comments come after U.S. President Donald Trump has
criticized Germany's trade surplus with the United States and
promised to bring back good manufacturing jobs by getting tough
with U.S. trade partners.
Reuters analysis of federal jobs data has shown that out of
656,000 new manufacturing jobs created in the United States
between 2010 and 2014, two thirds can be attributed to foreign
direct investment.
Now foreign companies that have spent billions of dollars on
U.S. factories and local leaders who host them worry that global
supply networks that back those investments will fray if Trump
makes good on his pledge to roll back trade liberalization.
Trains-to-turbines group Siemens employs more than 50,000 people
in the United States, its single biggest market, where it makes
21 percent of its total revenue.
It said the new Walpole facility for laboratory diagnostics
would create up to 700 new high-tech jobs.
(Reporting by Maria Sheahan; Editing by Victoria Bryan)
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