Foxconn Will Build Three Support Facilities Along with Wisconsin Plant

Taiwan-based Foxconn, the electronics manufacturer said on Monday that it planned to build three support facilities in Wisconsin for its operation beginning as soon as next year, that would be part of the facilities that includes the liquid crystal display factory of $10 billion due to open in 2020.

Foxconn makes electronics through contracts for its clients like Apple, Inc. It announced its plan of $10 billion during a July trip to the White House saying its LCD plant is going to occupy over 1,000 acres in the southeast part of Wisconsin.

Foxconn, known formally as Hon Hai Precision Industry, said it would start by assembling a back end packaging line, a molding line that is high-precision, and its end device assembly line.

It may start importing its glass from China, Japan and Taiwan.

The three facilities will be a combined $1 billion investment, said Louis Woo a special assistant to Terry Gou the Foxconn chairman.

The jobs the three facilities will generate will be part of the 13,000 that Foxconn said its investment of $10 billion would create, said Woo.

The state assembly in Wisconsin, which is controlled by Republicans, voted a week ago to approve a bill that would establish an incentive package of $3 billion for the facility.

The bill still needs the approval of the finance committee with members of both the state Senate and Assembly along with just the Senate prior to it going to the governor for his signature.

Foxconn is expecting a decision on this during September, and if that legislation wins a final approval, then the firm would begin immediately its work needed for surveying the land, said Woo.

He also added that Foxconn was considering making an investment in other U.S. states but to date has not finalized any such plans to do so.

The governor of Michigan recently held a meeting with Gou at a facility owned by Foxconn in Shenzhen a southeastern city in China.

U.S. President Donald Trump campaigned on bringing foreign investment into the U.S. and adding more jobs for Americans. He has used this Foxconn announcement of billions in investment and thousands of jobs to his benefit trying to raise his low approval rating.

Some doubt that it was just Trump who convinced Foxconn to invest. Several have said that much of Foxconn’s interest in investing in the U.S. was prior to Trump taking office.