Foxconn Plans to Build Three Plants on their Wisconsin Campus that could be in Operation by 2018
It's being reported today that Taiwanese electronics manufacturer Foxconn has said it plans to build three facilities in the U.S. state of Wisconsin for operation as early as next year, as part of a campus housing a $10 billion liquid crystal display (LCD) factory due for 2020.
The Reuters report notes that "Foxconn, which makes electronics under contract for clients such as Apple announced its $10 billion plan at the White House in July, saying the LCD plant would occupy 1,000 acres in the state's south east.
Foxconn said it will begin by setting up a back-end packaging line, high-precision molding line and end-device assembly line. It may also start importing glass from Taiwan, China and Japan.
The three facilities will require combined investment of under $1 billion, Louis Woo, special assistant to Foxconn Chairman Terry Gou, told Reuters on Monday. The jobs they generate will fall under the 13,000 positions that Foxconn has said its $10 billion investment would directly create, Woo said."
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