The second round of information sessions have been announced to provide companies with details on the bidding process for the next phase of construction on Foxconn’s advanced manufacturing campus in Racine County. The information sessions will include two sessions held in Racine on Aug. 1. The information sessions are open to all businesses, though they are specifically aimed at companies […]
Tag: WEDC
Posted inBusiness, Local news
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 inBusiness, Community, Government
Machinery Row $9 Million Historic Tax Credits Safe
The proposed $65 million Machinery Row development along the Root River in Racine has been approved for some $9 million in Historic Preservation Tax Credits, but the program has proved almost too successful and was placed on hiatus Monday. Wisconsin Economic Development Corporation CEO Reed Hall sent a letter Monday to Joint Committee on Finance […]
Posted inBusiness, Community
InSinkErator Renovating in Racine, Expanding in Kenosha
Racine manufacturing giant InSinkErator formally announced Thursday that is investing $65 million in a Racine renovation and expanding into Kenosha to meet the growing need for its food waste disposers. The company – now a subsidiary of Emerson Electric Co. – has been a Racine mainstay since 1962, and it’s been in the same building […]