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.
MOUNT PLEASANT, Wis.--Foxconn Technology Group (FTG) has made its first financial commitment for a planned flat-panel plant in Wisconsin, according to the Milwaukee Journal Sentinel. Hon Hai Precision Industry Co., known as FTG outside of Taiwan, on Friday deposited $60 million to special bank accounts in Wisconsin. The money is to be used by the village and Racine County to buy land for the $10 billion flat-panel plant, the construction of which is to begin next month.
In July, Foxconn Technology Group pledged to invest $10 billion to build an assembly plant in southeastern Wisconsin to make liquid crystal displays for computer screens, televisions and dashboards.
MADISON, WI—In what’s being called the largest economic development project in state history, Taiwanese electronics giant Foxconn plans to build a $10 billion plant in Wisconsin that would create liquid-crystal display panels and employ as many as 13,000 people.
NEW TAIPEI, Taiwan—Foxconn Technology Group’s plan to invest $7 billion in U.S. manufacturing has touched off a scramble among three heartland states. At stake are not only jobs, but votes as well.
LANSING, MI--Taiwanese electronics maker Foxconn's plan to build a display panel factory in the U.S. has sparked a flurry of lobbying by states vying to land what some economic development officials say is a once-in-a-generation prize.
NEW TAIPEI CITY, Taiwan—In 2011, Foxconn announced a plan to replace 500,000 mainland Chinese workers with 1 million robots over the next three to five years. So far, the electronics manufacturing services provider has installed 40,000 robots across China. MORE
ZHENGZHOU, China—Contract manufacturer Foxconn said on Monday that two workers at its assembly facilities here died last week, even as the company made efforts to improve labor conditions that came under scrutiny after a spate of suicides in recent years.
ANN ARBOR, MI—Foxconn vice president Chia Day has won 2016 Engelberger Robotics Award for automating electronics assembly at the contract manufacturer’s electronics factories in China.
