Foxconn to buy building in Madison, announcement Friday

MADISON (WKOW) — Foxconn plans to make a footprint in Madison by buying a building downtown.

On Friday, the company will hold an event to announce the purchase of a downtown building that it plans to turn into an innovation center.

It will be part of the company’s statewide network that’s anchored by a manufacturing facility in Racine County.

The event will be held at Monona Terrace on Friday at 11:30 a.m.

At the event, Foxconn staff will be joined by executives from BMO Harris Bank, which owns a building on the square.

It has not been confirmed which building Foxconn will be purchasing.

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