Foxconn putting US headquarters in Milwaukee - Newschannel 6 Now | Wichita Falls, TX

Foxconn putting US headquarters in Milwaukee

MILWAUKEE (AP) - Foxconn Technology Group says it will establish a U.S. headquarters in Milwaukee as part of a massive investment it is making in an electronics manufacturing plant in southeast Wisconsin.

The Taiwan-based company said Tuesday it will purchase an existing seven-story office building downtown that now has a capacity of 650 people. The building will be called Foxconn Place. It will house business incubators and start-up initiatives in addition to Foxconn staff.

Republican Gov. Scott Walker says Foxconn's decision to put its headquarters in Milwaukee is a sign of the company's "ever-growing footprint" in the state.

The electronics giant is building a manufacturing plant in Racine County to make liquid crystal display panels for commercial and consumer uses, including televisions. The plant is expected to be a $10 billion, 13,000-employee complex.

Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

  • InternationalMore>>

  • At UK film awards, stars say 'Time's Up' on harassment

    At UK film awards, stars say 'Time's Up' on harassment

    Sunday, February 18 2018 3:00 AM EST2018-02-18 08:00:57 GMT
    Sunday, February 18 2018 4:31 PM EST2018-02-18 21:31:58 GMT
    Many of Britain's most prominent female entertainment stars have signed an open letter demanding an end to sexual harassment ahead of Britain's major film awards.
    Many of Britain's most prominent female entertainment stars have signed an open letter demanding an end to sexual harassment ahead of Britain's major film awards.
  • All 65 aboard plane feared dead in crash in southern Iran

    All 65 aboard plane feared dead in crash in southern Iran

    Sunday, February 18 2018 3:00 AM EST2018-02-18 08:00:45 GMT
    Sunday, February 18 2018 4:23 PM EST2018-02-18 21:23:56 GMT

    Iran's semi-official Fars news agency: Iranian commercial airplane carrying 66 people has crashed in country's south.

    Iran's semi-official Fars news agency: Iranian commercial airplane carrying 66 people has crashed in country's south.

  • Latvian member of European Central Bank detained in probe

    Latvian member of European Central Bank detained in probe

    Saturday, February 17 2018 2:40 PM EST2018-02-17 19:40:21 GMT
    Sunday, February 18 2018 4:11 PM EST2018-02-18 21:11:15 GMT
    Latvia's state broadcaster says national anti-corruption agency raided office and property of the head of the country's central bank.
    Latvia's state broadcaster says national anti-corruption agency raided office and property of the head of the country's central bank.
Powered by Frankly