WEDC to host supply chain workshop for Platteville area businesses
MADISON, WI. SEPT. 18, 2018 – Manufacturers in southwestern Wisconsin are invited to attend a workshop on supply chain readiness at 8:30 a.m. onThursday, Sept. 20, at Ullsvik Hall at the University of Wisconsin-Platteville, 30. S. Hickory St.
The workshop will provide small- to medium-size manufacturers with details on how to become part of the supply chain for the Foxconn Technology Group as well as other major companies. A representative from Foxconn will attend the session to provide participants with an introduction to the vendor readiness process the company will follow as it engages with potential suppliers.
The workshop will also include information to help manufacturers respond to industrial innovation trends that are impacting the industry, including updates to statewide resources designed to help improve productivity, prepare for Industry 4.0 and establish a path for global competitiveness.
This event is one of five informational workshops throughout the state on supply chain readiness hosted by the Wisconsin Economic Development Corporation (WEDC), in collaboration with Wisconsin Manufacturers & Commerce, Wisconsin Center for Manufacturing & Productivity, Wisconsin Manufacturing Extension Partnership and the state’s regional economic development organizations.
Registration for the workshop will begin at 8 a.m.; the session will take place from 8:30 to 11:30 a.m. The informational session is free and attendees can register in person or in advance by visiting wisconnvalley.wi.gov.
All businesses are also encouraged to register with Wisconsin Supply Chain Marketplace directory, which provides companies with a convenient way to find Wisconsin suppliers in a simple to use system that delivers results and supplier solutions.
Companies that create profiles on wisupplychainmarketplace.com will receive timely communication when Foxconn and other companies are posting requests for proposals to source suppliers for specific projects. The online tool is free of charge, and all Wisconsin businesses are eligible to create a profile.
Foxconn’s advanced manufacturing campus in Mount Pleasant is expected to create up to 13,000 jobs, as well as thousands of construction jobs. Once the Wisconn Valley Science & Technology Park is fully operational, Foxconn is expected to make $4.26 billion in supplier purchases annually, with roughly one-third being sourced from Wisconsin. The project is expected to have at least a $7 billion annual economic impact on the state and generate between $116 and $157 million in state tax revenue annually once fully operational.