Posted inDevelopmentNews

Foxconn to alter local manufacturing plans? Report says yes

A published report Wednesday sent ripples in every direction when Nikkei Asian Times reported that Foxconn Technology Group will shift its production of displays at the planned Racine County complex to small to midsized units. This would be a move away from its publicized original intent to create large-scale displays. The publication suggested that supply chain […]

Posted inBusiness

Foxconn unveils statewide Smart City, Smart Future partnership

Wisconsin universities, technical colleges, and independent secondary education institutions will join with Foxconn Technology Group in a statewide effort to share and encourage technologies that develop smart, connected cities. Alan Yeung, U.S. Strategic Initiatives Director for Foxconn, announced the initiative Thursday that will, in part, be a competition. It will encourage discussion, research, and recommendations […]

Posted inDevelopmentNews

UPDATE: Homeowners ready for Foxconn lawsuit, say fair offer would sway them

UPDATE: Despite a number of neighbors opposing the move, the Mount Pleasant Community Development Authority voted 6 to 1 in favor of designating several properties as blighted, according to a story by the Journal Times. The Mount Pleasant Village Board is expected to take up the matter at its next meeting. ORIGINAL STORY: The Foxconn […]

Posted inReal Estate

Property Transfers: De’Pizza Chef sold, Farm Family Restaurant transfer to son

Over 90 properties changed hands between April 16 through April 20, according to the Racine County Clerk of Deeds. Property transfers The Village of Mount Pleasant purchased a number of properties for the Foxconn Technology Group development, which includes a 10 million-square-foot manufacturing campus. Read more about the Foxconn project. Howard P.Luxner sold 5138 East […]

Posted inDevelopmentNews

State launches site about Foxconn project

The state has launched a website that offers information about Foxconn Technology Group as they begin constructing the state’s largest manufacturing facility. Governor Scott Walker highlighted the site and announced that a resource fair for construction workers is set for March 29 at Festival Hall, 5 5th St. The Wisconsin Economic Development Corporation, a […]

Posted inDevelopmentNews

Mount Pleasant neighbors sue over eminent domain

Seven Mount Pleasant property owners have sued the village in federal court over how it is handling property acquisitions for Foxconn Technology Group. The landowners who filed the lawsuit own property located within the footprint where Foxconn wants to build an LCD manufacturing facility. Expected to generate 10,000 construction jobs and 3,000 permanent positions, the […]

Posted inReal Estate

Mount Pleasant begins buying property for Foxconn

Almost $12 million in property changed hands between Dec. 11 through Dec. 15, according to the Racine County Register of Deeds. Here are the highlights: The Village of Mount Pleasant purchased the first two properties for the Foxconn project, an electronics manufacturer that wants to build a 20 million-square-foot manufacturing facility. We’ll be adding to this […]