WEDC, Foxconn announce additional $569 million investment in Racine County

URLhttps://wedc.org/wedc-foxconn-announce-additional-
SourceWisconsin Economic Development
Date Published11/25/2025

Additional Reshoring Information:

Company/Division name Foxconn
Parent companyHon Hai Precision Industry Co., Ltd.
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1374
Year reshoring announced:2025
Domestically, the work will be done:In-house
Capital investment ($):569
Country(ies) from which reshored:Taiwan, Province of China
City reshored to:Racine
State(s) reshored to:WI
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoreddata center equipment
What domestic positive factors made reshoring more attractive?Eco-system synergies, Government Incentives
Government Incentive dollar amount:16,000,000
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