Our state has a rare, once-in-a-century opportunity to drive unprecedented economic growth and transform our state – by manufacturing high-tech products made in America, right here in Wisconsin. Foxconn Technology Group is proposing to bring thousands of jobs to Wisconsin, build a world-class manufacturing facility with a full supply chain, and create a high-tech 8K-5G ecosystem that will make our state a hub of economic innovation.
We cannot let this opportunity pass us by, and it’s time to act.
The impact Foxconn would have on Wisconsin is well documented and transformational. Foxconn itself will invest $10 billion and bring 13,000 jobs to Wisconsin as part of the single largest economic development project in the history of our state. It will take 10,000 construction jobs to make this project a reality. And the ripple effect of this project will create an additional 22,000 indirect and induced jobs as suppliers, spinoff companies, and other businesses join in the statewide economic activity.
In addition to the project itself, there will be a very large demand for residential construction in both single family homes, as well as multi-family. The impact on the building industry will be immense and the MBA is part of this coalition to help plan for this boon. Regardless of the final location, know that residential construction will be affected over a broad area, which includes the region covered by the Metropolitan Builders Association.
Think about the possibilities for our communities, and consider getting involved. Foxconn will turn Wisconsin into the center of a new wave of high-tech manufacturing – products made in America, right here in Wisconsin. Building components to TVs, computers, cars and more will impact our entire statewide economy and revolutionize what it means to live and work in our communities with high-skill, high-paying jobs.
Business and community leaders in all corners of the state have worked hard to make Wisconsin open for business to build a strong and growing economy – a historic moment like this is not the time to turn back.