The economic impact of Foxconn will be felt well beyond SE Wisconsin.
A session is being held in Rhinelander next week for contractors, vendors, suppliers and professional services interested in competing for Foxconn contracts in the upcoming construction of the huge plant being built in southeastern Wisconsin.
The first phase of Foxconn building will begin this spring, involving 1,000 acres of site work, with the vertical building phase to begin late this year or early next year.
President of Grow North Economic Development Corporation, Vicky Oldham, talks about what will be going on…
“…anyone interested in the construction phase of multiple buildings. There’s also material procurement going on and logistics preparation. Any one interested in the logistics part, construction part or any type of building construction material that they would be interested in being a part of that would want to come and learn more…..”
While critics have said the deal will benefit southern Wisconsin the most, leaving citizens away from the economic zone still paying tax breaks for decades, Oldham thinks businesses away from the region will also benefit….
“there’s a though among some that feel that it might not impact northern Wisconsin as the southern part of the state. Their supply needs are so huge that it will have a rippling effect throughout the entire state…..”