The new facility, is set to make flat-screen displays, will
be located in the congressional district of Republican House Speaker Paul Ryan
In 30 years, Foxconn to open its major factory in the
The company is renowned for building electronic gadgets for
nearly every major technology company, including: Apple, Google and Amazon,
currently having massive factories in Asia, South America and
Read also: Foxconn eyes factories in US, Indonesia
In a statement by The Washington post, Foxconn has had a very limited presence in developed countries where labour costs are higher.
“The workers it hires
Walker, a Republican who is facing a difficult re-election next year, said the investment would create 13 000 jobs, with an average pay of $53 000 plus benefits. But the company said that it would be hiring 3,000 workers over four years. It added that it could eventually hire more, but did not provide further details.
The governor, Donald Trump said his state would offer $3 billion in economic incentives to seal the deal. This was announced in the East Room of the White House.
Jennifer Shilling, D Senate Minority Leader. said: "While I welcome new businesses to the state, I want to ensure any state-subsidized private sector jobs offer a living wage and safe working conditions.”
Shilling also raised a scepticism that the company has a track record of big announcements with little follow through.
BUSINESS REPORT ONLINE