Wednesday, January 22, 2020

Foxconn founder Gou: Mount Pleasant facility to start producing in 2020

From JSOnline:

, Milwaukee Journal Sentinel

Construction work continues on Foxconn's manufacturing plant Tuesday, January 21, 2020 in Mount Pleasant, Wis. Local officials estimate Foxconn Technology Group’s massive development in southeastern Wisconsin will be worth more than $500 million in the next year or so. (Photo: Mark Hoffman / Milwaukee Journal Sentinel)

Foxconn Technology Group founder Terry Gou is hoping the company's manufacturing facility in Mount Pleasant will start pumping out products sometime this year. 
At a new year celebration in Taipei, the capital of Taiwan, Gou reportedly said to Hon Hai employees: “I hope many Hon Hai colleagues will go work in the U.S. to help America boost manufacturing and build a supply chain.” 
The comment was first reported by Bloomberg on Wednesday. 
The Bloomberg report added: "The Foxconn founder said the factory will be up and running in 2020 and drive his company’s vision of manufacturing components for fifth-generation wireless and artificial intelligence applications, without elaborating."
Gou stepped down from his duties as Foxconn chairman in June to pursue a failed presidential run in Taiwan. 
Foxconn previously has stated it plans to start producing products in 2020.
Construction of the roof and the exterior of the main manufacturing facility in Mount Pleasant was completed before the start of the year. 
The facility's Area I is expected to be worth about $522 million in about the next year. Area I is located north of Highway KR, south of Braun Road, east of Interstate 94 and west of Highway H in Racine County. 
Gov. Scott Walker and other state officials joined Foxconn Technology Group leaders, including Foxconn Chairman Terry Gou, at the Milwaukee Art Museum in 2017 to celebrate FoxConn's $10 billion investment to build a display panel plant in Wisconsin that could employ up to 13,000 workers and draw up to $3 billion in subsidies from state taxpayers. (Photo: Mike De Sisti / Milwaukee Journal Sentinel)

In December, Gou visited Milwaukee for a holiday party and told the crowd of about 500 people that he recently met with President Donald Trump for a "working meeting."
Trump famously called the Foxconn campus "the eighth wonder of the world" when he came to Mount Pleasant for a ceremonial groundbreaking in 2018. 
When Trump visited Milwaukee on Jan. 14 for a campaign rally he did not mention Foxconn in his speech. 
The Journal Sentinel will update this story when more information becomes available.
From: https://www.jsonline.com/story/news/2020/01/22/foxconn-founder-gou-mount-pleasant-facility-start-production-2020/4541032002/

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