Member Login    |    News    |     Event Calendar    |    Directory    |   Contact
Metropolitan Milwaukee Association of Commerce
  • JOIN
  • Membership
    • The benefits of joining
    • Member Appreciation Tour
    • Member directory >
      • Member Spotlights
      • Talent Solutions Directory
    • What we do >
      • Talent >
        • Ranking Milwaukee County Schools
        • Education recommendations
        • Technology Education & Literacy in Schools (TEALS)
        • Career-based learning experiences
      • Growth
      • Livability
      • Equity
      • Peer metro comparison
    • Cost saving programs >
      • Health insurance plan
      • Office supply discount program
      • Certificates of origin
    • Events >
      • 2023 All Member Meeting
      • 2023 Diversity, Equity & Inclusion Summit
      • Replay: Take 10 series
      • Replay: Race Bridge Series
      • Talent Solution Series
      • Emerging Leaders Series
      • Member Orientation
      • Replay: The Business of MKE Series
    • For members only >
      • Fall 2022 Impact Report
      • Sponsorship
      • Advertising
    • Need more info?
  • Networks
    • Leadership Council
    • President's Huddle
    • Executive roundtable program
    • FUEL Milwaukee for young professionals
    • Future 50 Awards Program
    • Networking Forum for referrals
    • Region of Choice Initiative
    • Roundtables for high-growth companies
  • Advocacy
    • Local & State Priorities
    • 2021-2022 Legislative Scorecard >
      • Senate Votes
      • Assembly Votes
    • Funding Local Governments
    • Miller Park economic impact study
    • Wisconsin State Legislature
    • K-12 Education Recommendations
  • Economic Development
    • Attracting or expanding businesses in the MKE region >
      • Milwaukee 7 Partnership
    • Supporting local startups >
      • MKE Venture Mentoring Service
      • M7 Venture Capital Fund
      • New business planning guide
    • Milwaukee Development Corp. >
      • Rebuild & Revitalize Program
    • Milwaukee Urban Strategic Investment Corp. (MUSIC)
    • Milwaukee EB-5 Visa program
  • Metro MKE
    • 2023 Navigate Business MKE
    • State of Manufacturing
    • Business outlook survey
    • Economic trends
    • Local media listings
    • Major employers in metro Milwaukee
    • Metro Milwaukee demographics
    • Order a publication
    • Relocating a business
  • About
    • Board of directors
    • Career Opportunities at MMAC
    • Staff
    • Milwaukee Commerce magazine
    • News
    • Members of the media >
      • Recent Media Coverage
    • Scholarships for minority students

Milwaukee 7 Says Foxconn Win Demonstrates Wisconsin’s Strengths

7/26/2017

 
Picture
Milwaukee 7 (M7), the economic development partnership of the seven counties of Southeast Wisconsin, said Wednesday that Foxconn’s announcement to locate a facility in the state is proof positive that Wisconsin has all the ingredients necessary to drive economic growth. Foxconn’s investment in the Milwaukee Region will be the largest corporate attraction project in U.S. history as measured by jobs.
 
“We’re delighted with this unprecedented partnership between Foxconn and Wisconsin,” said Gale Klappa, chairman of WEC Energy Group and Milwaukee 7 co-chair. “The project will provide long-term benefits to our community and our employers, and most importantly, create literally thousands of new, family-sustaining job opportunities. This partnership proves what we have known all along – Wisconsin is truly open for business.” Klappa added that M7 will steadfastly continue its mission to help area companies grow and expand.
 
Jim Paetsch, M7 vice president - Corporate Relocation, Expansion & Attraction noted, “This deal plants Wisconsin’s flag squarely in the digital economy of the 21st Century. Foxconn’s decision reflects the state’s advantages in skilled workforce, freshwater, reliable energy and a base of strong corporate headquarters. This move will have a ripple effect as it impacts supply chain and companies large and small.”

M7 continues to build the region's capacity and accelerate economic growth. Since forming, it has been involved in 82 business attraction and expansion projects, representing more than 15,800 direct jobs, $870 million in in annual wages, and $1.4 billion in capital investment. In addition to Klappa, the partnership is co-chaired by Ted Kellner, executive chairman of Fiduciary Management, Inc.; Milwaukee Mayor Tom Barrett; and Paul Farrow, Waukesha County Executive.

Foxconn is among the world’s largest companies, with global employment of 1.3 million and $136 billion in annual revenues. The company, which will manufacture next-generation LCD panels in Wisconsin, is a leader in research and development, focusing on nanotechnology, wireless connectivity, material sciences and green manufacturing.


Comments are closed.

    RSS Feed

    News Categories

    All
    Advocacy
    Education/Workforce
    From The President
    International
    M7 Partnership
    Member News
    Milwaukee Commerce
    MMAC Leadership
    Press Releases
    Professional Development
    Recruiting Talent
    Region Of Choice (ROC)
    Small Business


Copyright © 2023 Metropolitan Milwaukee Association of Commerce
All rights reserved.

301 W Wisconsin Ave., Ste. 220 | Milwaukee, WI 53203 
Tel 414/287-4100 | Fax 414/271-7753 | info@mmac.org
  |  Privacy Policy

  • JOIN
  • Membership
    • The benefits of joining
    • Member Appreciation Tour
    • Member directory >
      • Member Spotlights
      • Talent Solutions Directory
    • What we do >
      • Talent >
        • Ranking Milwaukee County Schools
        • Education recommendations
        • Technology Education & Literacy in Schools (TEALS)
        • Career-based learning experiences
      • Growth
      • Livability
      • Equity
      • Peer metro comparison
    • Cost saving programs >
      • Health insurance plan
      • Office supply discount program
      • Certificates of origin
    • Events >
      • 2023 All Member Meeting
      • 2023 Diversity, Equity & Inclusion Summit
      • Replay: Take 10 series
      • Replay: Race Bridge Series
      • Talent Solution Series
      • Emerging Leaders Series
      • Member Orientation
      • Replay: The Business of MKE Series
    • For members only >
      • Fall 2022 Impact Report
      • Sponsorship
      • Advertising
    • Need more info?
  • Networks
    • Leadership Council
    • President's Huddle
    • Executive roundtable program
    • FUEL Milwaukee for young professionals
    • Future 50 Awards Program
    • Networking Forum for referrals
    • Region of Choice Initiative
    • Roundtables for high-growth companies
  • Advocacy
    • Local & State Priorities
    • 2021-2022 Legislative Scorecard >
      • Senate Votes
      • Assembly Votes
    • Funding Local Governments
    • Miller Park economic impact study
    • Wisconsin State Legislature
    • K-12 Education Recommendations
  • Economic Development
    • Attracting or expanding businesses in the MKE region >
      • Milwaukee 7 Partnership
    • Supporting local startups >
      • MKE Venture Mentoring Service
      • M7 Venture Capital Fund
      • New business planning guide
    • Milwaukee Development Corp. >
      • Rebuild & Revitalize Program
    • Milwaukee Urban Strategic Investment Corp. (MUSIC)
    • Milwaukee EB-5 Visa program
  • Metro MKE
    • 2023 Navigate Business MKE
    • State of Manufacturing
    • Business outlook survey
    • Economic trends
    • Local media listings
    • Major employers in metro Milwaukee
    • Metro Milwaukee demographics
    • Order a publication
    • Relocating a business
  • About
    • Board of directors
    • Career Opportunities at MMAC
    • Staff
    • Milwaukee Commerce magazine
    • News
    • Members of the media >
      • Recent Media Coverage
    • Scholarships for minority students