Foxconn says Wisconsin factory will be operational in 2020
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.
The Taiwan-based Foxconn is building what is known as a Generation 6 factory, which typically makes smaller liquid crystal display screens for cellphones, tablets, televisions and other devices. It first said it was going to build a larger Generation 10 plant, which would have used glass more than three-times as large as what the smaller facility will use.
Even with the changes, Foxconn has remained committed to investing up to $10 billion in Wisconsin and hiring 13,000 people. If it does that, the company would qualify for about $4 billion in state and local tax credits.