Foxconn’s $10bn megafactory: 27 Wisconsin companies chosen for initial construction phase
Taiwanese tech manufacturer Foxconn has awarded 28 contracts to companies for the first construction phase of its new plant in Wisconsin, USA.
Totalling $100mn, most of this work involves clearing land ready for foundation laying before the rest of the $10bn manufacturing facility can be built.
At the peak of development, 150 pieces of heavy earth moving equipment sourced from across the state will move more than a million cubic yards of earth per month.
Once finished, the factory could employ up to 13,000 people in what Wisconsin Governor Scott Walker said is the biggest economic development project the state has ever seen.
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Once fully operational, Foxconn is expected to make $4.26bn in supplier purchases annually, about one-third of which will be sourced in Wisconsin. The project is expected to have at least a $7bn annual economic impact on the state and generate between $116-$157mn in state tax revenues annually, once fully operational.
Walker commented: “It is clear that Foxconn is putting Wisconsin first with its 27 selected in-state subcontractors for Wisconn Valley Science and Technology Park’s first phase of development.
“It is great to see Wisconsin businesses and working families from all over our state benefitting from this historic investment.”
The initial construction phase is almost exclusively being carried out by Wisconsin businesses.
Such work includes excavation (Hoffman Construction Company), aggregate projects (Michels Corporation and W. Oakes and Sons), soil testing (Gestra Engineering) and asphalt paving (Payne & Dolan).
Trucking contractor R A Seaton of Rockford, Illinois, is the only company involved not to herald from this part of America.
A full list of contracting partners can be found on Governor Scott Walker’s website.
