Taiwanese electronics manufacturer Foxconn recently announced that it will invest $10 billion by 2020 to build a world-class manufacturing plant in southeastern Wisconsin, representing the largest new greenfield investment made by a foreign-based company in U.S. history. The facility will also create 13,000 new jobs.
Employees at the new facility 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, surveillance, advanced manufacturing systems, office automation, etc.
"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," said Foxconn founder and CEO Terry Gou. "Wisconsin offers a talented, hardworking workforce and a long track record in advanced manufacturing, all of which presents an extraordinary opportunity."
A global leader in manufacturing services for the computer, communication and consumer electronics industry, Foxconn has facilities and offices in Alabama, California, Indiana, Massachusetts, Michigan, North Carolina, Pennsylvania, Texas and Virginia, as well as Asia, Latin America and Europe.
For more information, visit www.foxconn.com.