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 Terry Gou said the campus will manufacture LCD screens. The facility site is under negotiation. While no specific locations were mentioned, Racine County Eye has learned that a number of land owners in Mount Pleasant and Sturtevant have been made offers for property along Braun Road and Highway 11.
The entire Foxconn complex will be located on at least 1,000 acres of land – or about 1.56 sq. miles, include 20 million square foot campus, and jobs that pay an average salary of $53,875, plus benefits, according to the press kit.
“We are thrilled to build a state-of-the art display fabrication plant in America’s heartland, which will be the first of a series of facilities we are building in several U.S. states as part of a robust 8K+5G ecosystem in the United States,” Gou said. “We thank President Trump and Governor Walker for their work to bring Foxconn to Wisconsin. Wisconsin offers a talented, hardworking workforce, and a long track record in advanced manufacturing, all of which presents an extraordinary opportunity.”
The LCD screens will be used in a variety of applications, including self-driving cars, aircraft systems, education, entertainment, healthcare, safety and surveillance, and advanced manufacturing systems.
Walker said the project is a “once-in-a-century opportunity.”
“We are calling this development ‘Wisconsin Valley,’ because we believe this will have a transformational effect on Wisconsin, just as Silicon Valley transformed the San Francisco Bay Area,” he said. “Foxconn plans to bring the future of high-tech manufacturing to America, and Wisconsin is going to lead the way. We are honored Foxconn chose Wisconsin, and I thank Terry Gou for all he has done to make this happen.”
Foxconn has operations in Alabama, California, Indiana, Massachusetts, Michigan, North Carolina, Pennsylvania, Texas, and Virginia.
“This is a day to remember in Wisconsin; this is a huge opportunity for our state” Vos said. “The selection of Wisconsin will impact generations of families. The manufacturing plant will provide thousands of new, good paying jobs and spur economic growth throughout our state. The company’s choice is a testament to our pro-business climate and fantastic workforce.”
State Sen. Van Wanggaard released the following statement:
“This is awesome. It is not only a regional and national victory for southeastern Wisconsin, it is an international game changer for our region and state. Foxconn could have located anywhere in the world, and chose Wisconsin. Foxconn did not make this decision and investment lightly. They thoroughly investigated and researched their options before deciding on southeast Wisconsin. Foxconn locating in Wisconsin is a testament to the quality of our business environment, our people, and our ability to provide the high quality workforce that companies look for. This type of investment is usually a catalyst for other business to locate in the vicinity. As much as our region has gained economically, I’m confident there is more to come!”
The project is expected to be completed by 2020.
We’ll update this breaking story with more information by 7 p.m.