Foxconn Technology Group is coming to downtown Milwaukee with plans to buy a seven-story office building — giving it space for potentially hundreds of employees.
Foxconn has agreed to buy the 132,800-square-foot building at 611 E. Wisconsin Ave. from Northwestern Mutual Life Insurance Co. for an undisclosed price, it was announced Monday.
A Foxconn spokeswoman didn’t respond to questions about the company’s plans — although more information is likely coming Tuesday.
The building will apparently be Foxconn’s North American headquarters, one source said. Along with its future Mount Pleasant factories, the company also has a small research operation in Harrisburg, Pa. Read the full story here.