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Herzing is Ready to Meet Foxconn Job Needs

29 July, 2017, 00:32 | Author: Paula Vaughn
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Walker has now dubbed the southeastern region "Wisconn Valley", as Foxconn will bring talented and highly trained technology workers to the area - likening it to Silicon Valley, Calif. - while also creating 22,000 indirect jobs across the state. Walker says the incentives will go down proportionately if Foxconn spends or hires less than promised.

Experts say it will likely require improvements to infrastructure, transportation systems and more job training programs to prepare for the new skilled labor jobs. "Foxconn will invest in Southeast Wisconsin, while a larger facility is constructed over the coming years, and that facility is now under negotiation.it will be about the biggest there is anywhere", Trump said.

After President Trump, along with Foxconn chairman Terry Gou, announced the deal Wednesday, Walker called it a "once-in-a-century opportunity" for his state.

Foxconn's planned investment will be up to $10-billion, with 3,000 jobs initially, and up to 13,000 in later years.

Overall only 8 per cent of U.S. workers are employed in manufacturing, down from 22 per cent in 1970 due to the impact of technological change and the growth of global supply chains.

The effort proved to be too much for other states like NY that had also been vying to land Foxconn, a major supplier to Apple and other electronic device companies that is based in Taiwan.

Wisconsin will be the new site of a LCD display panel factory making products for computer screens, smartphones, and other digital devices.

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"Foxconn, and particularly Terry Gou, today could be anywhere in the world right now, they could be anywhere in the country".

The state will be giving Foxconn up to $3-billion tax breaks, tied to the company meeting certain building and hiring targets.

Representative Gordon Hintz is optimistic about the Foxconn deal, but hopes the incentive package comes with at least some requirements.

Under the deal unveiled Thursday that the Legislature would have to approve, the state would pay the company up to $200 million a year for 15 years.

Sources in NY and officials in other states have said that Foxconn was pitching two factories. Apple has a complex supply chain that involves sourcing components from China, Taiwan, and Japan and shipping them to factories in China to be assembled into an iPhone and shipped out. Tim Casey, director of economic development for Waukesha County Center for Growth, Inc. said they are working to match Foxconn with manufacturers in the county based on the parts and materials the company needs.

It should be noted, too, that Foxconn had said in 2013 that it would build a factory in Pennsylania, but in January of this year stated that the announcement was "not a promise, it [was] a wish".

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