Foxconn announces new factory in Wisconsin. A $10 billion investment and up to 13,000 jobs

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Foxconn, one of the world’s largest electronics manufacturers, unveiled plans Wednesday to build a $10 billion factory in southeastern Wisconsin.

The new facility, which will make flat-screen displays, will be located in the congressional district of House Speaker Paul D. Ryan (R-Wis.).

The move by Foxconn to open its first major factory in the United States is a break with global manufacturing trends over the past 30 years. Foxconn builds electronic gadgets for nearly every major technology company, including Apple, Google and

Governor Scott Walker, said the investment would create 13,000 jobs, with an average pay of $53,000 plus benefits. But the company said that it would be hiring 3,000 workers over four years. It added that it could eventually hire more but did not provide further details.

The governor also said his state would offer $3 billion in economic incentives to seal the deal. (article excerpt pulled from The Washington Post,, July 26,2017. By Danielle Paquette, Todd C. Frankel and Hamza Shaban.)

As a supplier to Foxconn, Coaxicom is pleased to share the latest news about Foxconn’s investment in Wisconsin. Over the years Foxconn has purchased a number of RF pieces from Coaxicom based in Stuart. Florida including Connectors, and Cable Assemblies to use in both consumer goods and internal manufacturing operations.

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