Foxconn Technology Group (Foxconn) Founder and CEO Terry Gou formally broke ground for the Wisconn Valley Science and Technology Park in Racine County on June 28.
President Donald J. Trump, House Speaker Paul Ryan, and Wisconsin Governor Scott Walker joined Mr. Gou in marking the start of construction of the campus which has promised to create 13,000 jobs in Wisconsin with $10 billion investment.
“I am truly thrilled to be here in the Badger State with the hardworking men and women of Foxconn. As Foxconn has discovered, there is no better place to build, hire and grow than right here in the United States. America is OPEN FOR BUSINESS, and we are bringing back those four beautiful words: MADE IN THE USA. Today’s groundbreaking is only one part of the exciting story that is playing out across our nation,” said President Trump.
After the groundbreaking ceremony, President Trump, Mr. Gou, Speaker Ryan, and Governor Walker toured a showcase of applications that will be used in Foxconn’s next generation display technology. The displays produced in Wisconsin will be used in a wide range of devices and solutions, from the latest generation of notebooks, to monitors, self-driving cars, aircraft systems, and televisions.
It will revolutionize technology used in a wide range of areas, including innovative education, personalized entertainment, healthcare and medical solutions, advanced manufacturing systems, interactive retail, and safety.
“We are proud to mark this historic occasion and formally start construction of our state-of-the-art science and technology campus in America’s heartland,” said Foxconn Founder and CEO Terry Gou. “Over the past year, we have formed strong partnerships with communities across Wisconsin and we look forward to continuing to work with the talented, hard-working people here in the years ahead. We thank President Trump, Governor Walker, and Speaker Ryan for their commitment to this project that will help reinvigorate high-tech manufacturing in the U.S. and the high-tech industry in the Midwest.”
As part of the company’s ‘Wisconsin First’ approach, Foxconn is working with local partners and tapping the talented and hardworking workforce in the state. It has started assembling a team of companies with strong track records in Wisconsin to support the development and construction of the Wisconn Valley Science and Technology Park.
“This is a historic moment for our entire state and our country,” said Governor Scott Walker. “Wisconsin won Foxconn and the first LCD manufacturing facility in North America thanks to our outstanding workforce and strong manufacturing legacy. With Foxconn’s plans to create 13,000 direct good-paying, family-supporting jobs, and our record low unemployment rate of 2.8 percent, it makes it all the more important to attract more workers to Wisconsin.”
The Wisconn Valley Science and Technology Park will also promote research and development in advanced technologies in areas such as cloud computing, mobile devices, Internet of Things, Big Data, artificial intelligence (AI), networks, and robotics and automation. It will lay the foundation for the AI 8K+5G ecosystem that Foxconn is creating in the United States, and provide a platform for the development of next-generation hardware and solutions as part of that ecosystem.
“As we break ground today, we embark on a new era of manufacturing in the State of Wisconsin. I’m thrilled that this project will not only create thousands of good, family-sustaining jobs, but ensure that Wisconsin is at the cutting-edge of this important industry,” said House Speaker Paul Ryan. “Today, we demonstrate to the rest of the world that Wisconsin will be a manufacturing powerhouse for generations to come, and I am excited to see the far-reaching economic impact Foxconn will have on the state and district I call home.”