Foxconn awards 35+ contracts for $10bn 'megafactory'
Foxconn has awarded contracts to 37 companies to help construct its the Multipurpose Building at the Wisconn Valley Science and Technology Park campus in Mount Pleasant.
The Multipurpose Building is a 120,000 square feet facility and the first building being constructed on the Foxconn campus, which has been dubbed a 'megafactory'.
The structure will serve as office space for construction companies involved in the building of the Wisconn Valley Science and Technology Park. It will also house research and development facilities focusing on advanced display technology and applications in all aspects of smart lives.
It will contribute to the development of the AI 8K+5G ecosystem that Foxconn is building across the Badger State.
“Today’s announcement reflects Foxconn’s continued commitment to a ‘Wisconsin First’ plan by working with companies all across the State,” said Dr. Louis Woo, Special Assistant to Foxconn Founder and CEO Terry Gou.
“We are proud all of these companies have Wisconsin operations, and it is good to see that many are from Southeast Wisconsin, as well as some from the Madison-area, the Fox Valley and West Central Wisconsin.
“Part of the reason we selected Wisconsin is the quality of workmanship we find here. We look forward to our continued partnership with companies here as we invest $10 billion and create 13,000 jobs that will pay an average of $53,875 annually.”
Several of the companies are owned by veterans, women and minorities. These include DK Contractors, Arrow Marine Transport Inc., E3 Group, HVA Products, Inc., Professional System Analysis, Inc., and Hiram Power.
Work on the building is expected to begin in August and scheduled for completion by late 2018. The subcontractors working on this project range from caulking and painting to lighting and roofing.