US defence company Lockheed Martin has revealed plans to expand its workforce at a Milwaukee facility by 15% and to hire 18,000 people overall in 2019. Lockheed CEO Marillyn Hewson cited President Trump's "pro-growth policies" on tax and regulatory reform for the move. Trump has campaigned on rebuilding the manufacturing sector to create high-paying American manufacturing jobs, partly by pushing other countries for more favourable terms on trade. Hewson recently announced a U-turn on a Pennsylvania Sikorsky helicopter plant, which was scheduled for closure. The move comes as Trump is pushing Congress to approve his plan to slash corporate taxes from 35% to 15%.
US defence company Lockheed Martin has revealed plans to expand its workforce at a Milwaukee facility by 15% and to hire 18,000 people overall in 2019. Lockheed CEO Marillyn Hewson cited President Trump's "pro-growth policies" on tax and regulatory reform for the move. Hewson recently announced a U-turn on a Pennsylvania Sikorsky helicopter plant, which was scheduled for closure. The move comes as Trump is pushing Congress to approve his plan to slash corporate taxes from 35% to 15%.