Foxconn's promise to invest $10 billion in Wisconsin is now a distant memory

Stefan Mileschin · 30th August 2023, 07:27

When Foxconn announced its plans to open facilities in Wisconsin back in 2017, it promised to invest $10 billion into bringing production to the US that was expected to lead to as many as 13,000 jobs. Now, the Taiwanese supplier to tech giants like Apple is selling two properties in Eau Claire and Green Bay, purchased for almost $12 million in 2018. The property listings were first reported by Wisconsin Public Radio (via Gizmodo and The Verge), which revealed that only three floors of the Green Bay building's six floors are in use. Meanwhile, the portion Foxconn owns in a mixed-use property in Eau Claire has reportedly remained empty for years.

https://www.engadget.com/foxconns-pr...5.html?src=rss

30th August 2023, 07:27	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 153,575	Foxconn's promise to invest $10 billion in Wisconsin is now a distant memory When Foxconn announced its plans to open facilities in Wisconsin back in 2017, it promised to invest $10 billion into bringing production to the US that was expected to lead to as many as 13,000 jobs. Now, the Taiwanese supplier to tech giants like Apple is selling two properties in Eau Claire and Green Bay, purchased for almost $12 million in 2018. The property listings were first reported by Wisconsin Public Radio (via Gizmodo and The Verge), which revealed that only three floors of the Green Bay building's six floors are in use. Meanwhile, the portion Foxconn owns in a mixed-use property in Eau Claire has reportedly remained empty for years. https://www.engadget.com/foxconns-pr...5.html?src=rss

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Wisconsin worried it might have to foot Foxconn bill	Stefan Mileschin	WebNews	0	30th May 2022 08:45
Intel to invest $3.5 billion in Rio Rancho	Stefan Mileschin	WebNews	0	5th May 2021 05:12
Foxconn drastically scales back plans for $10 billion Wisconsin factory	Stefan Mileschin	WebNews	0	26th April 2021 15:58
Foxconn’s Gen 10.5 LCD factory in Wisconsin does not exist	Stefan Mileschin	WebNews	0	26th October 2020 09:01
Foxconn's Wisconsin plant opens next May with fewer jobs than promised	Stefan Mileschin	WebNews	0	11th July 2019 10:40
Foxconn may not manufacture anything in Wisconsin after all	Stefan Mileschin	WebNews	0	31st January 2019 08:55
Foxconn says it won't staff Wisconsin plant with workers from China	Stefan Mileschin	WebNews	0	7th November 2018 12:43
Apple supplier Foxconn announces plan for Wisconsin display factory	Stefan Mileschin	WebNews	0	27th July 2017 07:22
LG to invest $8.71 billion in OLED	Stefan Mileschin	WebNews	0	30th November 2015 11:48
Sony to invest $4 billion getting sensitive	Stefan Mileschin	WebNews	0	1st July 2015 09:03