Foxconn announces location of planned factory
05 Oct 2017
Following months of negotiations, Foxconn has announced its US factory will be located at Mount Pleasant in Racine County, in Wisconsin. According to the company, it intended to build a campus with over 20 million square feet of office space spread over 1.56 square miles, eventually employing as many as 13,000 people to manufacture liquid-crystal display screens used on phones, televisions, computers and other devices.
The Wisconsin Legislature's approval to the $3 billion incentive package for the company came with the company's promise to fulfill its jobs promise. The economic development agency of the state is working on the final contract, which would pave the way for the largest industrial complex in the state.
''I think it's going to be really good. The economy ought to pick its way up around here. It's been dragging a little here in Racine (County),'' Michael Rosenbaum, a village trustee in the town of Sturtevant, a few miles from Mount Pleasant, told the Portland Press Herald.
According to Rosenbaum some landowners who are unhappy about being displaced, but hopes Foxconn will ''make sure that they get a decent deal.''
''You can have another dream home. That's my feeling,'' he said.
However, some landowners said they felt like they did not have much choice.
"Foxconn Technology Group (Foxconn), the world's largest electronics manufacturing services provider, will invest an estimated $10 billion to construct its Mount Pleasant campus, which will be located off of Interstate 94 between Highway 11 and Highway KR,'' stated a press release issued Wednesday. ''The manufacturing campus will be approximately 20 million square feet - by far the largest project in the state, and one of the largest manufacturing campuses in the world."
The size would equal 20 Amazon campuses, according to Racine county executive Jonathan Delagrave. The Amazon reference is to the large distribution centre in nearby Kenosha.