Foxconn Looks Forward to Wisconsin Plant after Contract

FOXCONN Photo: KSTP
FOXCONN

November 09, 2017 10:30 AM

Foxconn Technology Group officials say they look forward to building a plant in Mount Pleasant after the state's economic development board signed off on a contract handing the company up to $3 billion in incentives.

The Wisconsin Economic Development Corporation's board approved the deal Wednesday. Gov. Scott Walker and company officials plan to sign the contract Friday.

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RELATED: Lawmaker: Lack of Guarantees Delays Wisconsin's Foxconn Vote

The Taiwanese electronics giant issued a statement a little after 1 a.m. Wisconsin time Thursday saying it remains committed to investing $10 billion in the plant. The statement said the plan will build the world's most advanced screens and include packaging, molding and tool-and-die processes as well as final product assembly operations.

The company says it looks forward to being part of the Wisconsin community and transforming the state.

Credits

The Associated Press

(Copyright 2017 by The Associated Press. All Rights Reserved.)

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