MADISON – On Friday, Gov. Scott Walker, the Wisconsin Economic Development Corporation (WEDC) and Foxconn agreed to terms that will bring the technology giant to the state – leading to $10 billion of direct investment from the company and the creation of 13,000 direct jobs.
The contract was signed at SC Johnson in Racine, and both WMC President/CEO Kurt R. Bauer and Senior Vice President of Government Relations Scott Manley were in attendance.
After the contract was signed, Bauer released the following statement:
“The fact that Foxconn even considered Wisconsin for its new manufacturing facility is a testament to all the work WMC, legislators and the governor have done the last seven years to make Wisconsin a more competitive state for business. That fact cannot be brushed over.
“Today, we can officially celebrate Foxconn’s investment in Wisconsin. No matter how you look at it this is a win for our state – billions of dollars of investment, thousands of family supporting manufacturing jobs and an immense supply chain that will create even more opportunity. We welcome Foxconn to Wisconsin.
“Now, we must focus on attracting more talented individuals to the state to fill not only the jobs being created by Foxconn, but the thousands of positions available with other Badger State companies. Wisconsin is ready to tackle the challenges ahead, and Foxconn will serve as a beacon to attract bright and talented new workers. Additionally, other companies will see that Wisconsin is a great place to do business.
“Gov. Walker and WEDC should be applauded for crafting such a great deal that brought this monumental investment to Wisconsin.”
For more information, contact:
Nick Novak, 608.258.3400