From The Detroit News
Grand Rapids — President-elect Donald Trump used a post-election victory rally here Friday night to let the chairman of Dow Chemical Co. announce plans to create 100 jobs in Midland and bring back another 100 positions from its foreign operations.
Dow Chemical Chairman and CEO Andrew Liveris said the Midland-based chemical giant would build a new research and development center in its mid-Michigan hometown.
“We’re going to invest in a new state-of-the-art innovation center in Michigan,” Liveris said on stage at Trump’s rally at the DeltaPlex Arena near Grand Rapids.
The company said late Friday the facility would lead to the creation of 100 jobs and “repatriating” 100 other jobs from its global operations to Michigan. Liveris said the facility would keep “several hundred” jobs in the Great Lakes State.
Dow Chemical’s chairman credited Trump’s pro-business policies for the company’s investment decision.
“We could have waited,” Liveris said. “We could have put it anywhere in the world. … We’re going to use American hard work and American dreams and we’re going to fight for the Dow company in the U.S.A.”
The new Dow facility’s research will center around the development of personal care products, energy-saving technologies and creating materials for the automotive and autonomous transportation industries, according to the company.
Before Liveris came on stage, the president-elect said he’s appointing the Australian-born Dow CEO to chair his American Manufacturing Council.
“You’re paving the way through your administration your policies to make it easier to do business in this country,” Liveris told Trump. “Not a red tape country, but a red carpet country for American business. That’s what we have to do.”
Trump has said he wants to cut what he considers America’s excessively high corporate tax rate of 38.9 percent to 15 percent so companies will stop moving abroad. The U.S. corporate rate is the third highest in the world, according to the Tax Foundation.
“If we get our taxes down to 15 percent … nobody’s going to leave,” Trump said.
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