Sun, Jul 01, 2018 - Page 16 News List

Foxconn planning Green Bay office

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

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.

Sixty-one percent of respondents to a Marquette University Law School statewide poll released last week said they did not think the company would directly benefit businesses where they live.

The company on Friday announced that it has reached an agreement to purchase a six-story, 6,968m2 building in downtown Green Bay and use it as a so-called “innovation center.”

The center is to work with start-ups and other businesses to develop applications for Foxconn screens, the company and Walker’s office said.

“This investment marks another commitment by Foxconn to the state of Wisconsin and will ensure Foxconn’s contributions go well beyond the [Mount Pleasant campus] and our North American headquarters in the city of Milwaukee,” Foxconn chief executive officer Terry Gou (郭台銘) said in the announcement.

Foxconn officials on June 15 announced that they had purchased a downtown Milwaukee building to house their North American headquarters and an innovation center.

The Green Bay center could translate to a major boost for Walker with northeastern Wisconsin voters. The region trends conservative and the governor presumably will need to do well there to help offset Democratic votes in Madison and Milwaukee.

“Foxconn’s decision to expand ... to northeastern Wisconsin is yet another example of the ‘Foxconn bonus’ that goes above and beyond the company’s historic investment in Racine County,” Walker said in a news release on Friday. “Whether it is the construction-related jobs that are being created right now throughout the state or key investments such as this, Foxconn is already having a positive impact on every region of our great state.”

Foxconn officials said in the announcement they plan to close on the Green Bay property and open the innovation center later this year.

The announcement did not elaborate or disclose terms of the purchase agreement.

Comments will be moderated. Keep comments relevant to the article. Remarks containing abusive and obscene language, personal attacks of any kind or promotion will be removed and the user banned. Final decision will be at the discretion of the Taipei Times.

TOP top