Wal-Mart to announce three U.S. manufacturing projects

Thu Oct 31, 2013 9:13am EDT
 
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WASHINGTON (Reuters) - Giant retailer Wal-Mart Stores Inc (WMT.N: Quote) will announce "three new manufacturing commitments for U.S. made products" at a conference in Washington D.C. on Thursday, the company said.

The move is part of the company's previously announced pledge to buy an additional $50 billion in U.S.-made products over the next decade.

No further details were provided.

Bill Simon, Wal-Mart's U.S. president and CEO, will make the announcement with U.S. Commerce Secretary Penny Pritzker at SelectUSA, a two-day event designed to promote investment and job creation in the United States.

President Barack Obama and other top officials will also speak at the conference.

(Reporting by Ros Krasny; Editing by Gerald E. McCormick)

 
Customers shop at a Walmart Supercenter in Rogers, Arkansas June 6, 2013. REUTERS/Rick Wilking