Foxconn Technology Group announced Monday its manufacturing plant in Racine County will be operational by the end of 2020. Construction on the Mount Pleasant Gen 6 fabrication facility will begin this summer, according to the company.
Foxconn says the plant will create about 1,500 jobs.
“Our commitment from day one has been to establish a winning formula for Foxconn and for Wisconsin,” Louis Woo, special assistant to Foxconn CEO Terry Gou, said in a written statement. “We continue to expand our presence around the state, create jobs and deepen our partnerships while innovating and adapting to meet changing market needs.”
The future of Foxconn has been questioned by some, particularly after the company briefly changed course earlier this year.
The initial Gen 6 facility will manufacture LCD screens for use in a variety of industries including education, health care, entertainment and sports, according to the company.
By April 1, Foxconn officials say they will announce contractors for site utilities, roadway and storm drainage projects. By May, the company says it will issue initial bid packages for the construction of the manufacturing facility and ancillary buildings. Read the full story here.