Jul
31
Foxconn Announces $10B Wisconsin Campus
ByThe campus—to be called Wisconn Valley—will result in the creation of more than 34,000 direct or indirect jobs. The state plans to sweeten the deal with a $3 billion incentive package.
Taiwan-based Foxconn, the largest electronics manufacturing services provider in the world, has selected the Badger State for the location of a cutting-edge manufacturing plant and technology campus, in which Foxconn will invest $10 billion by 2020.
The campus, to be called Wisconn Valley, will be built in Southeastern Wisconsin and result in the creation of 12,000 new positions, 10,000 construction jobs and an additional 22,000 indirect jobs. Foxconn will use the location to manufacture 8K LCD screens that will be utilized in industries ranging from entertainment to self-driving cars to healthcare…