President Trump wants Chinese solar panels firms to make more of their products in the U.S. — and they appear to be getting the message.
A week after the Trump administration unveiled tariffs of up to 30% on imports of solar panels, one of China’s biggest manufacturers announced that it plans to open a new plant in the U.S.
JinkoSolar said in a statement Monday that its board of directors had given the go-ahead to “finalize planning for the construction of an advanced solar manufacturing facility in the U.S.”
The statement suggested Jinko’s decision was tied to the new tariffs, saying that the company “continues to closely monitor treatment of imports of solar cells and modules under the U.S. trade laws.”
President Trumps solar tarrif causes foreign company to build plant in Florida
A day after President Donald Trump put stiff tariffs on imported solar panels, Jacksonville’s City Council approved up to $24.2 million in local incentives Tuesday to entice a foreign manufacturer to start making them here.
State incentives could total tens of millions more for the still-unnamed company, whom city officials call Project Volt.
The company has pledged to create 800 jobs by the end of next year at a manufacturing building on the city’s Westside and an assembly center on the Northside.
It would be the company’s first manufacturing site in the United States, according to a city report that said the average wage would be $45,562 yearly.
Milwaukee Tool says expansion would create 350 jobs with average salary of $75,000
“Milwaukee Tool Co., based in Brookfield, says it’s planning an expansion that will create 350 jobs with an average annual salary of $75,000.”