Foxconn will locate plant in southeastern Wisconsin complex
MADISON, Wis. — Taiwanese electronics manufacturer Foxconn Technology Group says it plans to locate a display screen factory in the southeastern Wisconsin village of Mount Pleasant,
The exact site was announced by local officials following months of negotiations with the company and landowners. Mount Pleasant has a population of about 26,000. It’s about 25 miles south of Milwaukee and 60 miles north of Chicago.
“We look forward to being part of the community as we create 13,000 jobs in Wisconsin with many thousands more jobs created among the businesses and entrepreneurs who will be part of the extensive Wisconsin-based supply chain supporting this project,” Foxconn officials said. “Foxconn chooses to build our first advanced manufacturing campus in Racine County for many reasons, including its talented and hard-working workforce, which is a major competitive advantage for this region. Together with the people of Racine County, we will create a robust 8K+5G ecosystem in the United States to meet future needs for the most advanced display technology.”
Racine County Executive Jonathan Delagrave calls the plant and its potential $10 billion investment a turning point for the country. The intended industrial complex would be the largest in the state and could eventually employ 13,000 people.
The Wisconsin Legislature approved a $3 billion incentive package for Foxconn and the state’s economic development agency is working on the final contract.
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