Jul 3, 201811:03 AMInside Wisconsin
with Tom Still
Technologies on display at Foxconn event will help drive Wisconsin’s economy
(page 2 of 2)
With its massive footprint and forecasts of up to 13,000 employees, Foxconn’s Racine park is the center of attention and expected to be “transformative” for the southeast Wisconsin economy, as Racine County Executive Jonathan Delagrave told the groundbreaking day visitors.
Increasingly, however, Foxconn is looking like a company with statewide ambitions. It has purchased a downtown Milwaukee office building to serve as a headquarters and innovation center; announced plans Friday for an innovation center in Green Bay; contracted with about 40 Wisconsin firms for construction and related services; and started building a supply chain that stands to be Wisconsin’s largest. So much for the prediction Foxconn would cut and run, leaving Wisconsin in the lurch.
If anything, Foxconn’s investment is more secure than ever as trade tensions mount and foreign companies look to relocate production to the United States. Foxconn founder and chief executive officer Terry Gou, who worked in Wisconsin about 40 years ago as part of a Midwest sales route, sounded like a man who prefers to be on the inside of America looking out.
“A strong Wisconsin is good for America, and a strong America is good for the world,” Gou told the Racine crowd.
If the technologies on display are used to leverage Wisconsin’s historic strengths in manufacturing, health care, education, and more, that strength will come.
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