The Week in Review
Chooses Wisconsin for Billion Dollar Investment
On Thursday evening, before a packed crowd at
the Milwaukee Art Museum, Wisconsin received great news; Foxconn Technology
Group has chosen southeastern Wisconsin to build a state-of-the-art
technology campus, the first of its kind in North America. The new campus, a
$10 billion investment by Foxconn, will focus primarily on building liquid
crystal displays and is expected to create up to 13,000 jobs with an average
wage of $53,875. The new plant is expected to have a ripple affect across
the region with thousands of additional jobs created by suppliers and
ancillary companies. It will be the largest corporate project in US history
in terms of jobs.
Over the past several years we have made great strides in our efforts to
make it easier for businesses to create jobs in Wisconsin. Our reforms are
working and more businesses are realizing the benefit of investing in
Wisconsin and our workforce. This is an exciting opportunity for our region.
In the coming months the legislature will convene to pass legislation that
will allow Foxconn to begin construction. The deal will include claw back
provisions to ensure that our taxpayers are protected if the company does
not meet the parameters of the deal.
This opportunity will allow Wisconsin to be involved in transforming the
manufacturing industry. We have a strong manufacturing heritage, a dedicated
workforce and unmatched work ethic. We are ready to show the world why
Wisconsin is not only a leader in this industry but also a great place for
businesses. Welcome to Wisconsin Foxconn!
Have a great weekend!
Heritage Days Parade
Don’t miss the South Milwaukee Heritage Days
parade, this Saturday, July 29, at 11 am. The parade begins at the corner of
Milwaukee and 8th Avenues ending at 16th and Rawson. For more information
visit the South Milwaukee Heritage Days
website. Hope to see you there!