July 12, 2019 / 10:32 PM / a month ago

Lockheed Martin plans to expand Milwaukee plant workforce by 15%

July 12 (Reuters) - Defense contractor Lockheed Martin Corp said on Friday it plans to increase the workforce at its Milwaukee facility by more than 15% this year.

The announcement came after President Donald Trump gave a 30-minute speech on trade at the plant run by Derco, a unit of the F-35 fighter jet maker.

Derco, which makes aircraft spare parts, also provides logistics and technical support for fixed-wing planes. (bit.ly/2LPg4Eh)

Trump has campaigned on rebuilding the manufacturing sector to create high-paying American manufacturing jobs, partly by pushing other countries for more favorable terms on trade. (Reporting by Sanjana Shivdas in Bengaluru; Editing by Shounak Dasgupta)

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