Apple supplier Foxconn to build $10 billion plant in Wisconsin
Foxconn, the giant Taiwanese electronics manufacturer and a major supplier to Apple for iPhones, will open a 20-million-square-foot plant in southeast Wisconsin, the company announced Wednesday.
Over four years, the company will invest $10 billion to build the plant, which could employ up to 13,000 people and will make LCD display panel screens. Wisconsin Gov. Scott Walker (R) said the state will award $3 billion in incentives for the project, with the package needing approval from state legislature. He also said it will be the largest economic development in Wisconsin history, Reuters reports.
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