Comment Re:Multiplier effect to wages paid to a worker. (Score -1) 114
This isn't a new factory opening; per the letter of intent linked in the summary, TP-Link is contracting with Keytronic, which already has a factory in Corinth, MS, to do the assembly. Keytronic's whole business is around taking these sorts of jobs for other companies which, for whatever reason, don't want to do things like this in-house.
It still creates additional hours of employment.
Not necessarily, and that's my point--it's unclear whether it does create additional employment hours. If Keytronic has to hire new people, then, sure, absolutely. If instead this contract is taking the place of other contracts, or if there were already slack in the manufacturing capacity, such that this new work can simply be absorbed, then no.