INNOVATION CENTER: Foxconn said it has reached a deal to buy a six-story building in downtown Green Bay to work with start-ups to develop applications for its screens
Taipei Times
Date: Jul 01, 2018
By: AP, MADISON, Wisconsin
Foxconn Technology Group (富士康科技集團) on Friday announced that it plans to open an office in Green Bay, Wisconsin, that would bring at least 200 high-tech jobs, a chance for the company to spread benefits and goodwill more widely amid doubts that the company’s massive southeastern Wisconsin campus would boost the economy statewide.
Wisconsin Governor Scott Walker has been promising for months that the display screen manufacturing campus Foxconn, known as Hon Hai Precision Industry Co (鴻海精密) in Taiwan, plans to build in Mount Pleasant in Racine County will transform Wisconsin’s economy.
Last year, he signed a bill that provides up to US$4.5 billion in state incentives for the project.
Critics have questioned how much impact the company will have on Wisconsin’s economy as a whole. [FULL STORY]