Manufacturing campus to be built in Wisconsin
Foxconn Technology Group, an electronics manufacturing services provider, announced it will invest $10 billion by 2020 to build a manufacturing campus in Southeastern Wisconsin. The campus will create 13,000 new jobs in the state and represents the largest new greenfield investment made by a foreign-based company in U.S. history.
Employees at this new facility will manufacture liquid crystal display (LCD) screens to 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 specializes in manufacturing services for the computer, communication, and consumer electronics (3C) industry.
"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," said Foxconn Founder and CEO Terry Gou.
Foxconn first established operations in the United States in 1988 and has facilities and offices in Alabama, California, Indiana, Massachusetts, Michigan, North Carolina, Pennsylvania, Texas, and Virginia. Their operations include manufacturing, assembly and R&D facilities, as well as offices which are involved in sourcing from U.S. supply chain partners, product servicing, and manufacturing sales.
– Edited from a Foxconn press release by Hannah Cox, content specialist, CFE Media, email@example.com.