This article appeared online at TheNewAmerican.com on Wednesday, March 8, 2017:
The South Korean behemoth maker of consumer electronics, semi-conductors, ships, and telecommunications equipment was reported by the Wall Street Journal (quoting unnamed inside sources) to be investing $300 million in facilities in South Carolina and simultaneously bringing 500 jobs back from Mexico to work there.
It’s a tentative decision, according to Samsung in a statement it made to the Journal, with the company noting that “this is a complex process that, like all strategic business decisions, will not be made final until it is determined through proper due diligence and planning that it is the best option for Samsung.”
In ordinary times such a modest investment, made under such indeterminate conditions with such disclaimers, would hardly rate a few column inches at the back of the business section. But these are hardly ordinary times,