The company, which makes products for Apple, Sony, Microsoft and Nintendo, among others, in 2017 signed a contract with Wisconsin Economic Development Corporation for the display screen plant worth 10 billion USA dollars.
Braun Road is closed to thru traffic near the Foxconn site in Mount Pleasant, as a steady stream of dump trucks travels on the road Thursday August 9, 2018.
"We have undertaken the evaluation while simultaneously seeking to broaden our investment across Wisconsin far beyond our original plans to ensure the company, our workforce, the local community, and the state of Wisconsin will be positioned for long-term success", Foxconn said. The "campus will serve both as an advanced manufacturing facility as well as a hub of high technology innovation for the region", Foxconn said in a statement.
Gov. Tony Evers, a Democrat now leading Wisconsin, had been critical of the deal but said he is working with the company.
Trump also suggested that Foxconn hire military veterans to meet the demand for tech workers, Gou said, adding that he thinks it is a feasible proposal.
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Foxconn declined to comment on how Friday's decision was reached and when hiring is expected to begin.
During the lame-duck session before former Governor Scott Walker left office, one of many policies passed by Legislators to restrict the new legally elected Governor included a roll back of accountability and an increase of legislative power over the agency administering the agreement, the Wisconsin Economic Development Corporation (WEDC).
Some in the state have blamed Evers for the alleged shifting of Foxconn's plan.
Speaking to thousands of Foxconn employees at a Lunar New Year celebration in Taipei yesterday, Gou said investing in the USA "is undoubtedly a right decision and fits with future economic trends".
October 4, 2017: Foxconn announces the plant will be built in Mount Pleasant in Racine County, about 25 miles (40 kilometers) south of Milwaukee. Last year, the Legislative Fiscal Bureau estimated that for every $100 million local governments borrow and cannot repay for the Foxconn project, the state could be on the hook for as much as $64 million, once interest repayment is included.
In a speech at a charity event, Gou said Trump phoned him Friday and promised to do his best to resolve the problem of high-tech labor shortage in Wisconsin.