Officials from Mount Pleasant, Racine County and Foxconn Technology Group signed a developers agreement Friday outlining a $764 million local investment to support the company’s 22 million-square-foot LCD manufacturing campus.
“For a village like ours, this is an opportunity that’s unheard of,” said Dave DeGroot, Mount Pleasant village president.
The village and county boards unanimously signed off on the package earlier this week. It outlines a number of investments to be made in infrastructure, land acquisition and workforce development to support the project.
Some of the infrastructure work could begin in the near future, but a groundbreaking for Foxconn’s campus likely won’t take place until the spring.
Foxconn Technology Group would begin its massive LCD manufacturing campus with an assembly plant that could be more than 1.5 million square feet along Highway H in Mount Pleasant, according to Claude Lois, village project manager. Read the full story here.