|Contact: Tom Evenson, (608) 266-2169|
|MADISON – Governor Scott Walker today signed the Wisconn Valley Special Session Bill into law, paving the way for construction of a $10 billion manufacturing campus located in southeastern Wisconsin for Foxconn Technology Group (Foxconn), the world’s largest electronic manufacturing services provider. The world-class facility, the largest example of greenfield foreign direct investment in U.S. history, is expected to create 13,000 new jobs in the state with an average salary of $53,875 plus benefits.“This is a truly transformational step for our state, our people, and our economy, and Wisconsin is ready,” said Governor Walker. “Through Foxconn’s historic $10 billion investment and the creation of 13,000 new family-supporting jobs, the most high-tech, cutting edge technology in the world will be made in America, right here in Wisconsin. We are honored Foxconn chose Wisconsin, and I’m grateful to Terry Gou and the members of both parties in the Legislature for all they have done to make this historic event a reality. Together, we are moving Wisconsin forward.”|
Employees at the new facility, the first of its kind in the United States, will manufacture state-of-the-art liquid crystal display (LCD) screens which will be used in everything from self-driving cars to aircraft systems and in the fields of education, entertainment, healthcare, safety and surveillance, advanced manufacturing systems, and office automation, among others.
Foxconn’s investment follows on the heels of foreign direct investment projects and expansions in Wisconsin from foreign companies including Haribo and MilliporeSigma.
Governor Walker made partial vetoes to this legislation. A copy of the veto message is attached.
About Foxconn Technology Group
Foxconn Technology Group is the world’s largest electronics manufacturing services (EMS) provider with annual revenues exceeding $141 billion last year and a global workforce of approximately one million employees. The company has facilities in Asia, Latin America, and Europe.
Foxconn also is a leader in research and development, focusing on fields of nanotechnology, heat transfer, wireless connectivity, material sciences, and green manufacturing process. The company has several research centers and testing laboratories and has received more than 55,000 patents worldwide. The company is a recognized leader of innovation and technical knowledge in rankings such as MIT’s or IPIQ’s scorecard, as well as in manufacturing services for the computer, communication, and consumer electronics (3C) industry – championing innovation that touches the daily lives of people around the world.