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Foxconn's $569M Expansion Will Create 1,374 Jobs in Wisconsin

11/26/2025

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Summary

Story summary

Foxconn Technology Group received approval from the Wisconsin Economic Development Corporation for a $569 million expansion to boost AI server production.
The expansion will create 1,374 new jobs in Racine County by 2030.
The project will meet rising data infrastructure demand and strengthen U.S. supply chains.
Foxconn has invested over $2 billion in Wisconsin and could receive $96 million in tax credits by 2029 if targets are met.

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Story summary

Foxconn Technology Group received approval from the Wisconsin Economic Development Corporation for a $569 million expansion to boost AI server production.
The expansion will create 1,374 new jobs in Racine County by 2030.
The project will meet rising data infrastructure demand and strengthen U.S. supply chains.
Foxconn has invested over $2 billion in Wisconsin and could receive $96 million in tax credits by 2029 if targets are met.