Foxconn Coming to Southeastern Wisconsin

Saturday, 29 Jul, 2017

Priebus had previously hinted that Wisconsin could be the victor of the multistate competition for the new factory from Foxconn, best known for its role assembling Apple's iPhones.

President Donald Trump announced Wednesday that the electronics giant will build a $10 billion factory that's expected to create up to 13,000 jobs.

"This is a great day for America", Walker said, adding that the plant was the largest economic development project in the state's history.

The planned Wisconsin facility "signifies the start of a series of investments by Foxconn in American manufacturing in the coming years", Gou said.

The high-profile announcement follows a pledge from Foxconn shortly after Trump was elected to invest at least $7 billion in the United States and create between 30,000 and 50,000 jobs. It will make LCD screens for Apple Inc. products, including iPhones and iPads, and is to receive $3 billion in tax subsidies to be approved by state legislators.

"This shows actual results - getting it done", Ryan said.

Other states vying for the plant are Michigan, Illinois, Indiana, Ohio, Pennsylvania and Texas.

According to the Milwaukee Journal Sentinel, the package would include incentives on the local, state and federal levels and would be unlike anything Wisconsin has offered in the past. Gov. Scott Walker says no real proposal is on the table to lure Foxconn to the southeast Wisconsin in a big expansion.

Walker said in an interview Thursday on WTMJ-AM that Taiwan-based Foxconn will only get the money if it fulfills its promise to build the plant and hire up to 13,000 workers.

Hon Hai Precision Industry, one of Apple's top suppliers and more popularly known as Foxconn, revealed its plans to build a $10 billion plant in Wisconsin. The facility will be constructed in Wisconsin, with the overall plan representing a massive $10 billion investment for the company. He's promised incentives and tax breaks for companies that move production to the United States.

The company is also looking to Detroit for a possible manufacturing plant, though the sources did not specify for what.

Apple hasn't commented on the statement.

It's also unclear if Wisconsin, or any state for the matter, can supply Foxconn with the thousands of skilled laborers it would need to manufacture electronics at scale.