Taiwanese technology manufacturer Foxconn announced today that it will locate its new sprawling manufacturing complex in the village of Mount Pleasant in Racine County.
County and village officials have been in talks with Foxconn for months and a real estate firm has been talking with homeowners in Mount Pleasant about options to buy their land for the 1,000-acre (1.5-sq. mile) manufacturing campus.
Mount Pleasant is about 25 miles south of Milwaukee. The site, just east of I-94, encompasses more than 2,000 acres and is bounded by Highway 11 on the north, County KR on the south, and County H on the east.
The Wisconsin Legislature approved an incentive package worth up to $3 billion for Foxconn to build the plant, although the state's economic development agency is still working on the final contract.
Foxconn has said it could invest $10 billion in the campus and employ up to 13,000 people. Critics question whether Foxconn will invest that much in Wisconsin."If you look for negatives, you'll find negatives. I'd rather work in a positive environment, because I think we could really make a difference, not just for the people that live here and the quality of life we have here in southeastern Wisconsin, but our entire state," said Sen. Van Wanggaard (R-Racine), who represents Mount Pleasant.A Foxconn official said the company is committed to growing in the state.
"We're looking for partnerships. I think that's where the excitement is," said Louis Woo of Foxconn. "It's not only just $10 billion. After we've finished, there will be $30 to $40 billion in investment."
For more go to WKOW: http://www.wkow.com/story/36520137/foxconn-to-announce-location-of-wisconsin-plant-wednesday