0
Broadband

Foxconn's Wisconsin plant to create 1,500 jobs, not 13,000

Friday 12 July 2019 | 14:34 CET | News

The factory that Taiwainese manufacturer Foxconn Technology Group is currently building in Mount Pleasant, Wisconsin, will only create 1,500 jobs when production starts in May 2020, far short of the 13,000 jobs promised when President Trump broke ground a year ago, reports The Verge, citing governor Tony Evers. The disparity in the figures is due to Foxconn cancelling the promised 20 million-square-foot Generation 10.5 LCD fab to produce 65-inch TVs, which was specified in the contract with Wisconsin, and instead breaking ground on a 1 million-square-foot facility that the company claims will be a Generation 6 fab that produces smaller LCDs, said the report.

Evers has been negotiating with Foxconn since he replaced former Wisconsin governor Scott Walker, and he says he now has “clarity” on Foxconn’s plans. The Wisconsin Legislature approved a USD 3 billion incentive package for Foxconn back in 2017, with overall investments in the project initially estimated to reach USD 10 billion. 


 



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Foxconn
Countries: United States
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Foxconn sets up N American headquarters in Milwaukee, Wisconsin

Published 18 Jun 2018 08:55 CET | North America
Taiwainese manufacturer Foxconn Technology Group said it will be establishing its North American headquarters in Milwaukee, ...

Foxconn to build display screen factory in Wisconsin

Published 09 Oct 2017 13:16 CET | United States
Taiwanese manufacturer Foxconn plans to locate a display screen factory in the southeastern Wisconsin village of Mount Pleasant. ...

Foxconn confirms plans to build USD 10 bln manufacturing facility in Wisconsin

Published 27 Jul 2017 09:38 CET | United States
President Donald Trump and the Office of American Innovation received Foxconn at the White House to announce a technology ...

Foxconn to produce display panels in Wisconsin - report

Published 24 Jul 2017 15:26 CET | United States
Taiwanese manufacturer Foxconn Technology, an Apple supplier, is planning to produce display panels in Wisconsin and will soon be ...





Calendar   /   Industry Events

17 Jul Fiber Optic Expo
18 Jul Nordic Entertainment (NENT) Q2 2019
18 Jul Microsoft fiscal Q4
18 Jul Millicom Q2 2019
18 Jul CrowdStrike fiscal Q1
18 Jul Telia Q2 2019
19 Jul DNA Q2 2019
22 Jul NOS Q2 2019
22 Jul Logitech fiscal Q1
23 Jul Megacable Q2 2019
23 Jul Calix Q2 2019
23 Jul Iridium Q2 2019
23 Jul Snap Q2 2019
23 Jul AudioCodes Q2 2019
23 Jul Vodafone AGM
24 Jul Telekom Slovenije Q2 2019
24 Jul Orange Poland Q2 2019
24 Jul Mellanox Technologies Q2 2019
24 Jul Orange Belgium Q2 2019
24 Jul AT&T Q2 2019
24 Jul Netgear Q2 2019
24 Jul KPN Q2 2019
24 Jul Telefonica Deutschland Q2 2019
24 Jul F5 Networks fiscal Q3
24 Jul Altigen Communications fiscal Q3
24 Jul Facebook Q2 2019
24 Jul Technicolor H1 results
25 Jul STMicroelectronics Q2 2019
25 Jul Telefonica Q2 2019
25 Jul Maxlinear Q2 2019
::: More Calendar Items