Connect with us

Business

Foxconn Spent $93M on Real Estate in 2018

Published

on

A new report filed by Foxconn Technology Group says the company spent nearly $93 million acquiring real estate in 2018 and about 90 percent of its employees were Wisconsin residents.

The company submitted the job creation report by an April 1 deadline to the Wisconsin Economic Development Corp. (WEDC) as required by Foxconn’s contract with the state. Foxconn also submitted a report on capital expenditures in 2018 but was not required to do so under the state contract.

The first required capital spending report will be due April 1, 2020, for the period ending Dec. 31, 2019…

read more

foxconn wi, foxconn business, foxconn news, foxconn real estate