Foxconn's Wisconsin Manufacturing Facility to Open in Late 2020

MOUNT PLEASANT, WI—Foxconn Technology Group said Monday that its manufacturing facility in Wisconsin will be producing flat-screen panels by the end of 2020, with construction starting later this year. After a meeting with President Donald Trump, Foxconn’ founder and CEO Terry Gou recommitted to building a smaller manufacturing facility in the state than what was originally promised.

The Taiwan-based Foxconn is building what is known as a Generation 6 factory, which typically makes smaller liquid crystal display screens for cellphones, tablets, televisions and other devices. The company first said it was going to build a larger Generation 10 plant, which would have used glass more than three-times as large as what the smaller facility will use.

Nonetheless, Foxconn still plans to invest up to $10 billion in Wisconsin and hire 13,000 people. If it does that, the company would qualify for about $4 billion in state and local tax credits.

Foxconn's Monday announcement included plans to award bids for roads, utilities and storm drainage work by April 1 and issue construction bids in May. Facility construction will begin by the summer, with the first panels produced in the last three months of 2020.

The ASSEMBLY Show South

ASSEMBLY is thrilled to return to the Music City Center in Nashville, TN for The ASSEMBLY Show SOUTH on May 1-2, 2024. This is a booming time for manufacturing and the U.S. South is right in the heart of the action. According to ASSEMBLY’s most recent annual capital spending survey, the South is projected to account for 31 percent of total spending this year, marking the fifth straight year this region has accounted for at least 30 percent of capital spending in the U.S.

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