Foxconn Technology Group announced that its operational incentive plan for the next four years in Wisconsin, USA, has been approved by the Wisconsin Economic Development Corporation (WEDC). Foxconn will enhance its presence in Wisconsin, with a key focus on developing AI infrastructure. Building on its existing scale, Foxconn plans to invest an additional $569 million to expand operations in Racine County and anticipates creating 1,374 new jobs over the next four years. Foxconn stated that this new investment is based on the 2021 amended contract, and if the investment performance conditions are met, WEDC will provide Foxconn with an additional $16 million in tax incentives.
