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American President Donald Trump To Visit New Louis Vuitton Factory in Johnson County Texas

American President Donald Trump To Visit New Louis Vuitton Factory in Johnson County Texas

This Thursday, 17th October 2019, will be the opening of the new Louis Vuitton workshop, located in Keene, Texas. For this occasion, President Donald Trump will make the trip, accompanied by his daughter Ivanka Trump and several elected Texan officials. Bernard Arnaud, Chairman and Chief Executive Officer of the LVMH group, will be accompanied by Michael Burke, Chairman and Chief Executive Officer of Louis Vuitton.

By Luxus Plus

 

More specifically, the plant is located at Rochkin’Z Ranch, renamed by LVMH “Rochambeau Ranch”, after a French marshal who helped 13 American colonies to gain their independence.

According to an official White House source, the inauguration will begin with an opening ceremony.

A tour of the plant will also be organized as well as a speech by President Trump on the importance of the jobs that will be generated by the creation of this workshop.

For having established its plant in the State of Texas, Louis Vuitton will benefit from a 45% tax rebate in the first year, then, once the threshold of 500 employees has been reached, a 75% tax credit.

In addition, the company is said to have received a grant of one million euros to facilitate road access to the plant.

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Louis Vuitton has 17 workshops around the world, including 3 in the United States.

The creation of this new plant is intended to meet the growing demand for Louis Vuitton products in the United States. As well as supporting Pledge to America’s Workers educational training for American workers and extensive leather goods training for all plant employees.

 

 

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