Foxconn Chooses Milwaukee, Wisconsin As North American Headquarters

Foxconn is getting serious about its US presence. The electronics manufacturer and Apple supplier has revealed that Milwaukee, Wisconsin will be serving as its North American headquarters. This comes almost a year after the company announced it would be building a new display factory in the state, which will be conveniently located just 30 miles south of the new headquarters building.

A local ceremony on Friday saw Foxconn take ownership of its new headquarters, a seven-story building previously owned by Northwestern Mutual. The company says it expects to employ 500 people at the facility, which will also include an "innovation center" with a focus on helping startups develop apps with their new displays.

Foxconn also announced a new partnership with the University of Wisconsin-Milwaukee, which gives five engineering students the opportunity to intern at the local factory, followed by a trip in February to Taiwan where they will work on research projects and visit the company's world headquarters.

Wisconsin has been eager to become the US home for Foxconn, offering $3 billion in tax breaks over the next 15 years. Last year, the company revealed it would be building a $10 billion factory in the state, where it will produce LCD panels when it opens in 2020, along with employing 3,000 people initially, and up to 13,000 in the years to come.

SOURCE Associated Press