Foxconn selects Mount Pleasant site as location of $10 billion manufacturing plant

URLhttps://www.bizjournals.com/milwaukee/news/2017/10
SourceMilwaukee Business Journal
Date Published10/04/2017
Author NameSean Ryan
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Foxconn Technology Group
Type of work Manufacturing
If manufacturing, is the company a contract manufacturer?Yes
Reshoring category:Foreign Direct Investment
Year reshoring announced:2017
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Capital investment ($):10000
Country(ies) from which reshored:Taiwan, Province of China
City reshored to:Mount Pleasant
State(s) reshored to:WI
If relevant, work nearshored to:-
Industry(ies):Computer & Electronic Products
Product(s) reshoredLCD Screens
What domestic positive factors made reshoring more attractive?Government Incentives, Proximity to customers/market
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