Samsung Electronics is planning to expand production facilities in the United States, shifting some operations from Mexico, the Wall Street Journal reports.
The South Korean giant has had discussions with five US states as it seeks to open a new home-appliance production facility, the paper said, citing sources familiar with the matter.
The company could shift some production of oven ranges to the US from Mexico, and the plans could entail an initial capital investment of around US$300 million, according to the report
Talks are said to be continuing, with final decisions yet to be made.
In the coming years, Samsung might ramp up US manufacturing of refrigerators, washers, dryers and other home appliances, which could make the total investment significantly larger.
Samsung’s interest in an American factory comes as US President Donald Trump has urged companies to create more manufacturing jobs in the country.
Trump has threatened potential penalties for firms that don’t comply.
Samsung has had initial discussions with Alabama, Georgia, North Carolina, Ohio and South Carolina, according to the Journal.
Among them, South Carolina is said to be a strong contender, with Samsung expressing interest in a site around the town of Blythewood.
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