President Donald Trump was in Davos, Switzerland this week.
He is attending the World Economic Forum and is having a great success .
This is huge.
While President Donald Trump is being criticized for his tax reform here in the United States, CEOs around the world are taking notice and looking at transferring new business to the United States. The Siemens CEO Joe Kaeser was sitting next to President Trump, and he decided to announce some big news about the future of his company.
According to our source, IJR, Siemens, which employs 56.000 people in the United States, has chosen to produce its gas turbines in the United States because of the corporate tax cuts afforded by President Donald Trump.
“We’re doing really well,” Kaeser told Trump at the reception. “As a matter of fact, we’ve been investing quite a lot into the country. And since you have been successful with tax reform, we decided to develop next-generation gas turbines in the United States.”
“So, congratulations on your tax reform,” he said. “You said this is what you’re going to do.”
Siemens is working with coal giant Duke Energy to install one of the most advanced gas-firedpower plants in its fleet. The expansion of its Lincoln Country Combustion Turbine in North Carolina will include one of Siemens’ advanced turbines.
The rest of the guests at the dinner party introduced themselves and shared with President Donald Trump how many of their employees are based in the United States. His party included representation from Volvo, Nestle, Deloitte, Nokia, Bayer and others. While he is being criticized for being a businessman and a politician, in a setting like this, it’s very easy to see his level of comfort and the amount of respect the industry leaders gathered there had for their host.
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