monkeymagick
[H]News
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- Jun 22, 2008
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In what will be a major boon to the state's economy, Foxconn announced plans to build a LCD-panel plant in Wisconsin (warning auto-play video). The Taiwanese electronics giant plans to invest $10 billion over four years into the project, making it the most expensive development in the state's history. Up to 13,000 people would be considered for employment with the state awarding $3 billion in incentives over 20 years if Foxconn can fulfill its promises. The company is currently looking for a 20-million square foot location in the southeast of Wisconsin --suicide nets not included.
Foxconn, formally known as Hon Hai Precision Industry Co Ltd (2317.TW), said in a statement that the investment "signifies the start of a series of investments by Foxconn in American manufacturing in the coming years."
Foxconn, formally known as Hon Hai Precision Industry Co Ltd (2317.TW), said in a statement that the investment "signifies the start of a series of investments by Foxconn in American manufacturing in the coming years."