Business Facilities names Foxconn's investment in Wisconsin 'Deal of the Year'
The Foxconn Technology Group’s decision to build a $10 billion manufacturing campus in Wisconsin has been named the 2017 Deal of the Year by
Business Facilities magazine, a national publication for C-level executives, site selectors and economic development organizations.
“With an incredible bounty of 13,000 direct new jobs in the next five years and a world-class, 20-million-square-foot production facility, our judges unanimously agreed that the Foxconn project deserved our top honor as the 2017 Deal of the Year,” said Editor-in-Chief Jack Rogers.
Foxconn is developing a world-class advanced display manufacturing campus in Racine County that is expected to create 13,000 new jobs in the state. The project is by far Wisconsin’s largest economic development project, and is the largest corporate attraction project in U.S. history as measured by jobs. It also is one of the largest greenfield investments by a foreign-based company in U.S. history as measured by jobs.
The award from
Business Facilities magazine comes as the state wraps up a record year for economic development in 2017, with 59 companies from Wisconsin and around the world agreeing to locate or expand here—projects that are expected to create or retain nearly 30,000 jobs and result in more than $11.6 billion in capital investment.
