(Milwaukee, WI) The Metropolitan Milwaukee Association of Commerce (MMAC) said Wednesday that the announcement by Foxconn to locate a facility in Southeastern Wisconsin is a once-in-a-generation investment that will create thousands of jobs and transform the state’s economy. “Wisconsin has been a manufacturing leader for more than 100 years, and with the introduction of this industry, we are ensuring Wisconsin remains the backbone of manufacturing for decades to come,” said MMAC President Tim Sheehy.
Foxconn is among the world’s largest companies with global employment of 1.3 million and $136 billion in annual revenues. The company is a leader in research and development, focusing on nanotechnology, wireless connectivity, material sciences and green manufacturing.
“This is a great win for Wisconsin,” said Todd Teske, chairman, president and CEO of Briggs & Stratton Co. and Chairman of the MMAC. “The project will require us all to raise our talent game and take our workforce to the next level. Foxconn is joining a strong group of established, high-performing and agile companies that call Wisconsin home and we are thrilled to have them join our business community.”
“This partnership with Foxconn will put Wisconsin at the center of next generation manufacturing for the foreseeable future. That’s good news for business, for customers and for talent. I welcome Foxconn to Wisconsin,” said Blake Moret,president and CEO of Rockwell Automation.
MMAC represents 1,800 member businesses with 300,000 employees in metro Milwaukee. The organization’s mission is to grow economic opportunity in metro Milwaukee; advocate for a pro-business climate; and provide the best business network so members can earn and learn from each other.