Lehigh Valley could still be contender for Foxconn manufacturing facility

Ann Santiago
July 30, 2017

The art museum building is a white, winged-shaped structure designed by Santiago Calatrava that sits on Lake Michigan.

"We tie it to performance", Walker said on a syndicated conservative talk radio show Thursday.

Foxconn is expected to invest $10 billion and expand its facilities in Wisconsin over a two-and-a-half-year period, according to Bloomberg.

Wisconsin promises to extend $3 billion in tax breaks, but the Legislature must approve those.

Foxconn is evaluating multiple sites in southeast Wisconsin. The event was attended by both business people and legislators, including Gov. Scott Walker and Foxconn's CEO Terry Gou.

Wisconsin beat out several other states for the plant scheduled to open in 2020 and employ 3,000 initially, with the potential to grow to 13,000. "They're not going to get (the incentives) if they don't provide the jobs and don't provide the capital investment". The selection of Wisconsin will impact generations of families. The first panels will reportedly be for TV company Sharp, which Foxconn's parent company Hon Hai purchased past year. It's primarily known for manufacturing parts for use with Apple's iPhone. The LCD panels the factory will produce will be for Sharp's TV production, but the envisioned and announced scope of production at the plant, namely "televisions and other consumer electronics", presupposes that manufacturing may go beyond TV panels in the future. "Our administration's work to remove job-killing regulations - he's been watching - to institute Buy American and Hire American, and all of those policies, and to pursue the steps necessary to revitalize American industry, including repealing and replacing Obamacare".

Major Apple supplier Foxconn revealed its plans to build a $10 billion plant in Wisconsin. Gou has made it clear he intends for Foxconn to build its brand and acquire leading technology of its own.

Foxconn officials have promised to invest $10 billion in the project, with Wisconsin taxpayers putting $3 billion on the table in tax incentives.

Walker says a special session of the Wisconsin Legislature will be called to pass the incentive package. It's the largest economic development project in state history.

The Taiwan-based electronics manufacturer was one of the first companies to announce a plan to invest billions to create jobs in America following the Trump's election.

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