Foxconn announces North American headquarters in Wisconsin

Source: The Milwaukee Independent

 

Electronics manufacturer Foxconn said it would establish its North American corporate headquarters in Milwaukee, US state of Wisconsin, following the purchase of a building in the city’s downtown area.

In a statement, Foxconn said more than 500 people would work at the seven-story building in downtown Milwaukee.

The announcement comes almost a year after the company disclosed plans to invest 10 billion US dollars over four years to build a 20 million-square-foot LCD panel plant in Wisconsin that could eventually employ up to 13,000 people.

Taiwan-based Foxconn, known formally as Hon Hai Precision Industry Co Ltd, is the world’s largest contract electronics manufacturer and employs more than a million people.

Source :

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