Foxconn Contemplates Building A Factory In Wisconsin

15 June 2017, 6:47 am EDT By Steve Bowman Tech Times
A new report indicated that Foxconn may be contemplating building a factory in Wisconsin. In January, the company stated that it intended to invest $7 billion in a factory located in the United States.  ( Sean Gallup | Getty Images )

Foxconn, the company which manufactures mobile phone and tablet parts for Apple and other large companies, may set up its first-ever manufacturing plant in the United States in Wisconsin.

According to a new report, the company is currently in talks with the U.S. government and it's new factory may soon open its doors in Wisconsin.

Foxconn's manufacturing plant in Wisconsin means that thousands of jobs would be generated in the region and would be a welcome prospect for the state's Governor Scott Walker, who is up for re-election.

The anonymous source of information — who has a direct association with the negotiations between Foxconn and the state of Wisconsin — also confirmed that at least one more state — Michigan — was also pursuing the plant.

Foxconn's Plant Opening In Wisconsin?

The rumors regarding Foxconn's deal with Wisconsin authorities were further reinforced by President Donald Trump's words during a speech in Milwaukee on Tuesday, June 13.

"We're negotiating with a lot of companies. Just backstage we were negotiating with a major, major incredible manufacturer of phones and computers and televisions, and I think they're going to give the governor a very happy surprise," President Trump said, almost confirming the alleged deal.

State officials stated that even if such a deal was in the air, it would take some time to materialize. At the current stage, the government officials revealed that it was still a "long ways" off from being certain that the Foxconn plant will be located in Wisconsin.

The Governor's office along with the Wisconsin Economic Development Corporation refused to comment on this matter. However, Wisconsin Technology Council's head Tom Still shared that the it is a natural choice for Foxconn due to the high skilled labor numbers in the state.

Both Wisconsin And Michigan Vying For Foxconn Plant

Back in January, Foxconn revealed that it would invest $7 billion in a plant in the United States. This future factory would produce display panels and it was estimated that 50,000 new jobs would be created as a result of this new Foxconn plant.

At the time, Foxconn's CEO Terry Gou stated that much of the company's plans of running a plant in the country depended on the state. He said that Foxconn would only operate the manufacturing plant if a state assured the company it would provide it with low cost land or power.

On the weekend of June 2, Wisconsin's Governor Walker and Michigan Governor Rick Snyder both visited Japan for undisclosed economic development activity. It is now believed that both Governors visited the Foxconn headquarters to work out a deal and compete against each other for the plant.

It remains to be seen where the Foxconn plant finally opens its doors in Wisconsin or Michigan, and brings employment for over 50,000 people.

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