SHANGHAI (P3PWriter) – Taiwanese electronics producer Foxconn mentioned it could set up its North American company headquarters in Milwaukee, Wisconsin, following the acquisition of a constructing within the metropolis’s downtown space.
In a press release, Foxconn mentioned greater than 500 individuals would work on the seven-story constructing in downtown Milwaukee.
The announcement comes virtually a yr after the corporate disclosed plans to take a position $10 billion over 4 years to construct a 20 million-square-foot LCD panel plant in Wisconsin that would ultimately make use of as much as 13,000 individuals.
Taiwan-based Foxconn, identified formally as Hon Hai Precision Business Co Ltd (2317.TW), is the world’s largest contract electronics producer and employs greater than one million individuals.
Reporting by Andrew Galbraith, modifying by Larry King