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    Monday, July 31, 2017

    Foxconn announces $10 billion investment in Wisconsin and up to 13,000 jobs

    MADISON – Foxconn Technology Group will announce at the White House on Wednesday its plans to invest $10 billion to build a massive display panel plant in Wisconsin that would employ thousands.

    “It does represent a milestone in bringing back advanced manufacturing, specifically in the electronic sector, to the United States,” a senior White House official said.

    The project could reshape the economy of southeastern Wisconsin and involve not just a large factory but a virtual village, with housing, stores and service businesses — spread over as much as 2,300 acres, one source said. That acreage, an area totaling more than 3 square miles, potentially could be assembled from parcels that initially weren’t contiguous, he said.

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