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Foxconn's Wisconsin plant will open in 2020 with a modest workforce

By nanoguy · 6 replies
Jul 11, 2019
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  1. When Foxconn chose Wisconsin as the location for its $10 billion manufacturing plant, it also overpromised to bring 13,000 jobs to the area. Then it proceeded to hype it up, saying that it would use it to manufacture liquid crystal displays that will be in high demand for building consumer products like smartphones and TVs.

    County officials offered the company several financial incentives to bring that dream to reality, under the premise that it would also attract some of its suppliers and create even more jobs.

    In a recent interview with CNBC, Wisconsin governor Tony Evers said the facility will start production in May next year, but with only 1,500 jobs, a far cry from the initial plan. Described by Trump as “the eighth wonder of the world,” the place’s “innovation centers” are still empty, even as Foxconn has promised to hire 1,800 people by the end of 2020 – a necessary target that will allow it to access an additional $4 billion in incentives.

    The governor said Foxconn is still committed to hire those 13,000 people, with an understanding that it would go at it in small steps. The Taiwanese electronics maker, however, admitted to downscaling its ambitions to build large displays and will instead focus on smartphone and tablets, blaming leading glass manufacturer Corning for its unwillingness to move to Wisconsin.

    To put things in perspective, the company has yet to explain exactly how it will deliver on its long-term goals. Last June, Foxconn said it would create “at least 200 high-tech jobs” for an “AI 8K+5G ecosystem,” a buzzword that remains a nebulous as far as what it actually means and what job roles it would require.

    It’s also worth noting that as disappointing as it sounds, the announcement is just the tip of the iceberg. Foxconn’s Wisconsin factory has raised concerns surrounding its environmental impact on Lake Michigan, and the company’s leadership is changing, which adds even more uncertainty for the future of the project.

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  2. Jeff Re

    Jeff Re TS Addict Posts: 151   +115

    Too bad no one saw this coming...
     
    psycros and wiyosaya like this.
  3. wiyosaya

    wiyosaya TS Evangelist Posts: 3,993   +2,292

    :facepalm:
     
    psycros likes this.
  4. psycros

    psycros TS Evangelist Posts: 2,715   +2,514

    LOL, right?? Because its not like America has a great interstate and rail system for moving materials cross-country in under 72 hours. Good grief, the Chinese are so full of it they make Trump's wilder promises seem positively realistic.
     
    wiyosaya likes this.
  5. m3tavision

    m3tavision TS Maniac Posts: 262   +170

    That complex mock-up looks impressive.... but that was obvious for the politicians.
     
  6. mailpup

    mailpup TS Special Forces Posts: 7,401   +627

    If Corning was so important to Foxconn, they could have chosen a site closer to Corning.
     
    wiyosaya likes this.
  7. wiyosaya

    wiyosaya TS Evangelist Posts: 3,993   +2,292

    That's for sure! This is probably a new Chinese tariff. :laughing:
     

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