Foxconn Technology Group is buying a historic downtown Eau Claire building and space in the Haymarket Landing building as part of an expansion that will create 150 jobs.
The company announced it is expanding its Wisconn Valley Innovation Network to west-central Wisconsin as part of its initiative to spur innovation, attract talent and connect with supply chain partners, according to a statement. Foxconn plans to close on these properties later this year and open new operations in early 2019.
The new centers, to be named Foxconn Place Chippewa Valley, will create at least 150 high-tech jobs in Eau Claire. Employees will work with companies that will become part of Foxconn’s extensive supply chain and contribute to the development of the AI 8K+5G ecosystem that Foxconn is building in Wisconsin.
“We are excited to expand our Wisconn Valley footprint to the Chippewa Valley and west-central Wisconsin. Our goal in establishing Foxconn Place here is to help inspire innovative ideas, attract talent and catalyze cutting-edge solutions in this part of the state,” said Alan Yeung, Foxconn’s Director of U.S. Strategic Initiatives and President of FEWI Development Corporation. “Foxconn Place Chippewa Valley will play a key role in building a vibrant AI 8K+5G ecosystem in the U.S., with Wisconsin at the center of this vision.”
I will remind the gentle reader that every single Democrat running for governor has spoken against the Foxconn deal. I actually think that if one of them would break with the pack and champion Foxconn, they would stand a better chance of winning the general election, but it would kill them in the primary.