Matti Robinson
17 Jun 2018 11:03
The world's largest electronics contract manufacturer has established a new headquarters in the United States. The Taiwan based Foxconn is known for being the manufacturer of iPhones as well as other leading electronics products.
Foxconn has previously already announced a new display factory in Wisconsin, Reuters reports. Now the company has revealed its new North American HQ in Milwaukee, WI, roughly 30 miles from the plant.
The new U.S. HQ will be established in a seven-story building in downtown Milwaukee which can fit an estimated 500 employees. As expected it will work closely with the display factory and its 13,000 workers.
One might ask, why Wisconsin? Well, short story: money. Wisconsin has offered a three billion dollar offer in tax breaks over the upcoming decade and a half.