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Foxconn Technology Group said Friday it will indeed build a liquid crystal display manufacturing plant in Wisconsin, following talks between President Donald Trump and company CEO and Chairman Terry Gou.

The Taiwan-based electronics manufacturer said it will move forward with construction of a so-called Generation 6 factory, or "fab," which typically produces screens for cellphones, tablets and small televisions.

The announcement came after "productive discussions between the White House and the company, and after a personal conversation between President Donald J. Trump and Chairman Terry Gou," Foxconn said in a statement.

Trump quickly took to Twitter, posting: "Great news on Foxconn in Wisconsin after my conversation with Terry Gou!"

Great news on Foxconn in Wisconsin after my conversation with Terry Gou! https://t.co/2wtuCdl7TX
— Donald J. Trump (@realDonaldTrump) February 1, 2019

A company spokeswoman did not immediately say how many jobs would be created and how much the company would invest in the project, but in recent days Foxconn has reiterated its longstanding pledge to employ 13,000 people in the state.

Foxconn’s statement Friday came after days of uncertainly brought by reports that the firm was reconsidering, or even suspending, its high-profile Wisconsin project and would reverse course on bringing thousands of manufacturing jobs

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Jeffrey Dorfman calculates that state taxpayers will pay $230,000 per promised job

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Gou, a demanding leader notorious for punishing underperforming managers by making them stand for long periods during meetings, is an aggressive negotiator who in an interview once described Genghis Khan as a personal hero. Over four decades, he transformed Foxconn into the world’s largest contract manufacturer of electronics partly by scrupulously securing tax breaks and subsidies. “In meetings, it’s Terry’s way or no way,” says a former company executive who, like many sources for this story, spoke on condition of anonymity out of fear of retribution from Foxconn. “If you get local officials in a room with him, I can tell you Terry is going to win.”

“What was originally proposed and signed into contract is a project that no longer exists by Foxconn’s own admission”

Foxconn has a history of overpromising and underdelivering on major deals. In Brazil in 2011 and India in 2015, it pledged to invest billions of dollars and create tens of thousands of jobs after Gou courted each country’s leaders, but each project fell far short. In 2013, Foxconn said it would invest $30 million and employ as many as 500 people at a Pennsylvania factory that also never fully materialized. Multiple former executives say Gou makes big promises to secure favorable terms and is unsentimental about reneging on or abandoning them as costs dictate.

Wisconsin officials apparently didn’t consider Gou’s track record problematic. Instead, they describe the billionaire, who charmed them with stories of his early days selling TV parts in the Midwest, as almost philanthropic. “My impression of him was, what a nice person,” says Scott Neitzel, who led negotiations for the Walker administration. “An extremely genuine, down-to-earth tycoon.” When asked if the state looked at Foxconn’s history, WEDC Chief Executive Officer Mark Hogan says, “We didn’t spend a lot of time on that because, in the end, we got to know these people so well.”

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“We didn’t spend a lot of time on that because, in the end, we got to know these people so well.”