Company/Division name | Foxconn |
Parent company | Foxconn Technology Group |
Type of work | Manufacturing |
Reshoring category: | Foreign Direct Investment |
Year reshoring announced: | 2019 |
Year reshoring implemented or to be implemented: | 2020 |
Country(ies) from which reshored: | Taiwan, Province of China |
City reshored to: | Mt. Pleasant |
State(s) reshored to: | WI |
If relevant, work nearshored to: | - |
Industry(ies): | Computer & Electronic Products |
Product(s) reshored | LCDs / networking & server products |
What non-domestic negative factors made offshoring less attractive? | Tariffs |
What domestic positive factors made reshoring more attractive? | Government Incentives, Proximity to customers/market |
Government Incentive dollar amount: | $4.5 billion |