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March 19, 2019

Foxconn: $10B factory will open in late 2020

  • Construction bids will be issued May.
    • By SCOTT BAUER
    Associated Press

    MADISON, Wis. — Foxconn Technology Group said Monday that its manufacturing facility in Wisconsin will be producing flat-screen panels by the end of 2020, with construction starting later this year.

    The news came after the worldwide electronics manufacturing leader sent mixed signals earlier this year about whether it planned to suspend work in Wisconsin. After a meeting with President Donald Trump, Foxconn's leader recommitted to building a smaller manufacturing facility in Wisconsin than what was originally promised.


     
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