Foxconn selects Wisconsin
Taiwanese manufacturer will establish the first liquid crystal display (LCD) production facility in North America here
Foxconn Technology Group (Foxconn), the world’s largest electronics manufacturing services provider, has announced it will invest $10 billion by 2020 to build a world-class manufacturing campus in southeastern Wisconsin. This project represents the largest corporate attraction project in U.S. history as measured by jobs.
A global leader in manufacturing services for the computer, communication and consumer electronics (3C) industry, Foxconn will leverage Wisconsin’s strong manufacturing infrastructure and deep talent pool to manufacture state-of-the-art liquid crystal display (LCD) screens that will be used in everything from self-driving cars to aircraft systems and in the fields of education, entertainment, health care, safety and surveillance, advanced manufacturing systems and office automation, among others.
The construction of Foxconn’s Wisconsin facility alone will support 10,000 construction jobs in each of the next four years and 6,000 indirect jobs. When fully operational, Foxconn itself will employ 13,000 highly skilled workers in Wisconsin with an average salary of nearly $54,000.
Foxconn will create new opportunities for current Wisconsin suppliers while also attracting new businesses and talent to the state. It is projected that Foxconn will create an additional 22,000 indirect and induced jobs throughout Wisconsin. The project is expected to have at least a $7 billion annual economic impact on the state.
Find the media kit and news release below.