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Trump's latest NC factory announcement completely backfires

What happened

President Donald Trump and Commerce Secretary Howard Lutnick announced a North Carolina manufacturing plant tied to Sibelco, but the company did not confirm the project. As AlterNet reported, citing The News & Observer, Sibelco said only that it knew of public comments about a “potential project” and was awaiting official communication from the federal government.

The proposed plant was presented as support for western North Carolina’s high-purity quartz industry, which The News & Observer said supplies 70% to 90% of the global market for a material used in semiconductors and…

The skinny

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