Foxconn Announces Plans To Launch Manufacturing Plant In Wisconsin

According to the reports, Foxconn has been mulling the idea of potentially expanding its operations in the US. In fact a rumor earlier this week suggested that their plans could be announced this week itself, and sure enough that’s exactly what happened as Foxconn has revealed their plans to open a manufacturing plant in Wisconsin.

This plan was confirmed by Wisconsin Gov. Scott Walker who revealed that the company will be investing as much as $10 billion to build a new facility that will be making LCD panels, which is in line with the earlier report that suggested that one of Foxconn’s operations in the US would be to make LCD panels for television sets.

Foxconn states that this new plant will create 3,000 jobs with the potential that it could generate as many as 13,000. It is also expected that this plant will be completed by 2020. It is unclear if Foxconn’s manufacturing facility in Wisconsin has to do with Apple, given how closely both companies have been working together for many years now.

This week President Donald Trump had stated that Apple had apparently promised that they would be building three “big, big, big” plants in the US. Apple has declined to comment on Trump’s statement so like we said, it is unclear if Foxconn’s expansion is part of that, or if it is something that Foxconn is doing independently.

Tyler Lee
Categories: General
Tags: foxconn