US President Donald Trump has signed a $300 million deal to buy a small, state-of-the-art air compressor at a major factory in the country’s industrial heartland.
The deal, first reported by Reuters news agency, was a win for the president’s pledge to end “the death of American manufacturing”.
Trump signed the contract on Monday and gave it to the United Steelworkers union, which is the largest union in the United States.
The new contract, which has no expiration date, includes incentives for the company to continue to build the compressor, the Associated Press news agency reported.
The contract was announced by the company, which employs about 4,000 people.
The president signed the new contract with U.S. Steelworkers president Ken Lofgren, and said he was pleased the company had chosen the United Kingdom as a buyer.
Lofgren said the contract was “a great step forward for American manufacturing and American workers”.
“We look forward to having the United Sates Steelworkers’ help in bringing this deal to fruition,” Lofgaard said in a statement.US steelworkers union is the second largest in the U.N.
The United States and Britain signed a deal in 2016 to buy 1,000 jobs at a former American steelworks in the heart of the nation’s industrial powerhouse.
The new deal was approved by Trump in May.
Lifting the United Stations contract was one of several actions taken by the president in his first week in office to help bolster U.K. steelmaking.
The British government and its British counterpart, the Treasury, agreed to buy up to 5 million tonnes of steel from the United states at a price of about $8.5 billion, according to the Associated Bank news agency.
The purchase of the United Staes steelworks from the Us would create about 1,600 new jobs in the UK, according the Treasury.