More than half of Foxconn jobs expected to be with Foxconn Industrial Internet under new deal

Company can now also avoid default because of a pandemic

An April 2021 aerial of the Foxconn project in Mount Pleasant. Credit: Curtis Waltz, aerialscapes.com

More than half of the jobs Foxconn and its related entities committed to creating in a new tax incentive deal with the state of Wisconsin are expected to be with Foxconn Industrial Internet’s U.S. subsidiary, according to Wisconsin Economic Development Corp. records. Fii USA Inc. was added as an eligible recipient in the new contract,

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Arthur Thomas
Arthur covers banking and finance and the economy at BizTimes while also leading special projects as an associate editor. He also spent five years covering manufacturing at BizTimes. He previously was managing editor at The Waukesha Freeman. He is a graduate of Carroll University and did graduate coursework at Marquette. A native of southeastern Wisconsin, he is also a nationally certified gymnastics judge and enjoys golf on the weekends.

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