Foxconn Technology Group has already formed an LLC, has some of its employees working on the project, and will begin hiring more people once its contract with the state Department of Administration is signed. But the final terms of that contract haven’t been finalized and the State Senate has yet to approve the $3 billion […]
Tag: Foxconn Technology Group
Posted inBusiness, Elections, Government
Ryan Town Hall Focuses On Trump, Health Care, and Foxconn
In his first town hall meeting in over two years, House Speaker Paul Ryan focused on a wide range of topics from health care to President Donald Trump’s statement on race riots to Foxconn bringing a $10 billion manufacturing plant to Wisconsin. Ryan spoke at the Racine Theatre Guild Monday night as part of a […]
Posted inBreaking
Mount Pleasant Hires Project Coordinator For Foxconn Development
Mount Pleasant voted 4-2 Monday night to hire a project director specifically for a potential $10 billion factory Foxconn Technology Group hopes to build. Claude Lois, originally a candidate for village administrator, will assume the role on a one-year contract with Kappur and Associates. He was previously the mayor of Burlington from 2000 to 2008. […]
Posted inBusiness
Assembly OKs $3 Billion Incentive Package For Foxconn
The Wisconsin State Assembly approved a $3 billion incentive program to lure electronics manufacturer Foxconn Technology Group to southeast Wisconsin. Foxconn will bring up to 13,000 new jobs and build a $10 billion manufacturing campus in southeastern Wisconsin by 2020. The Assembly approved the tax bill on a bipartisan 59-30 vote. Representatives Cory Mason (D-Racine), […]
Posted inBusiness
Foxconn: Assembly Vote Expected
After making several amendments, the Wisconsin State Assembly is expected to vote this week on a $3 billion incentive program to lure the Foxconn Technology Group to southeast Wisconsin. The project would require Wisconsin taxpayers to back the deal with $3 billion in incentives over 15 years, but the state wouldn’t break even on the […]
Posted inBreaking
Foxconn Passage Not Certain, Some Legislators Say
A $3 billion incentive package to bring Foxconn Technology Group to Wisconsin isn’t a sure thing to pass the state Senate next week, political leaders said, and economic experts urged a close look at the possible deal. A vote on the plan is possible next week, but passage is not certain, Senate Majority Leader Scott […]
Posted inBusiness, Government
VIDEO: What Foxconn Technology Group Makes
Foxconn Technology Group wants to build a 20 million square foot manufacturing campus to make Liquid Crystal Displays (LCDs) in southeast Wisconsin. Here’s what the company makes, how its used and more about the deal. The entire Foxconn complex will be located on at least 1,000 acres of land – or about 1.56 sq. miles, […]
Posted inBusiness
Foxconn Signs MOU With State For $3 Billion In Incentives
Gov. Scott Walker and Foxconn Technology Group CEO Terry Gou signed a memorandum of understanding Thursday that lays the groundwork for Wisconn Valley, a massive electronics manufacturing facility to be built in southeast Wisconsin. The entire Foxconn complex will be located on at least 1,000 acres of land – or about 1.56 sq. miles, include 20 […]
Posted inBusiness
Foxconn: Wisconn Valley By The Numbers
Northterra is a full-service commercial real estate company located in Racine, Wisconsin, a bedroom community between Chicago and Milwaukee. https://www.racinecountyeye.com/foxconn-signs-mou-state/ https://www.racinecountyeye.com/foxconn-wisconn-valley-numbers/
Posted inBreaking, Business
Foxconn To Build $10 Billion Manufacturing Campus Here
Foxconn Technology Group (Foxconn) will bring up to 13,000 new jobs and build a $10 billion manufacturing campus in southeastern Wisconsin by 2020. President Donald Trump, Vice President Mike Pence, U.S. House Speaker Paul Ryan, and Gov. Scott Walker made the announcement at the White House Wednesday afternoon. The electronics contract manufacturer founder and CEO […]
Posted inBreaking, Business
Foxconn Announcement Expected Wednesday
Foxconn Technology Group will likely build their next plant, which will bring thousands of jobs and billions of dollars of investment to the region, in Mount Pleasant and Sturtevant, according to media reports. A Taiwanese multinational electronics contract manufacturing company, Foxconn is based in New Taipei City, Taiwan. The company makes electronics for a number of […]
Posted inBusiness
Vos To Walker: Foxconn Technology Group Looking At Bringing 10,000 Jobs Here
Electronic contract manufacturer Foxconn Technology Group has its eye on southeastern Wisconsin as a possible home for a plant, which is now being used to pressure Gov. Scott Walker to fund reconstructing I-94, according to a story by the Journal Sentinel. Foxconn makes smartphones for Apple and Blackberry. Walker and Michigan Gov. Rick Snyder made […]
Posted inBreaking
Foxconn Eyes Racine County For 1,000 Acre Plant
RACINE, WI — Foxconn Technology Group, a contract manufacturer that produces electronics for Apple and other electronic companies, is looking at plant locations in Racine County, according to sources who did not want to be named. The plant site could be as large as 1,000 acres, but a possible Pleasant Praire site in Kenosha County […]