Foxconn looks forward to Wisconsin plant after contract - WXOW News 19 La Crosse, WI – News, Weather and Sports |

Foxconn looks forward to Wisconsin plant after contract

Posted: Updated:
MADISON, Wis. (AP) -- -

Foxconn Technology Group officials say they look forward to building a plant in Mount Pleasant after the state's economic development board signed off on a contract handing the company up to $3 billion in incentives.

The Wisconsin Economic Development Corporation's board approved the deal Wednesday. Gov. Scott Walker and company officials plan to sign the contract Friday.

The Taiwanese electronics giant issued a statement a little after 1 a.m. Wisconsin time Thursday saying it remains committed to investing $10 billion in the plant. The statement said the plan will build the world's most advanced screens and include packaging, molding and tool-and-die processes as well as final product assembly operations.

The company says it looks forward to being part of the Wisconsin community and transforming the state.

Copyright 2017 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Powered by Frankly