Foxconn’s ‘Innovation Centers’ in Wisconsin Are Just Empty Buildings


Foxconn’s ‘Innovation Centers’ in Wisconsin Are Just Empty Buildings


Would it surprise you to know the company isn’t following through on its previous commitments?

Last summer, Foxconn announced it was purchasing buildings across Wisconsin to turn them into “innovation centers.” In March, The Verge visited each of these buildings and found them essentially empty. The company hasn’t acquired all of the buildings it set out to purchase. Pieces of the buildings it has purchased are being rented to other, unrelated companies. After this unflattering coverage, Foxconn’s Alan Yeung promised the company would purchase and transform another building, this time in Madison. As The Verge writes:

One month after Yeung’s comments and promise of a correction, every innovation center in Wisconsin is still empty, according to public documents and sources involved with the innovation center process. Foxconn has yet to purchase the Madison building Yeung announced, according to Madison property records. No renovation or occupancy permits have been taken out for Foxconn’s Racine innovation center, though a permit has been taken out for work on the roof of another property Foxconn bought for “smart city” initiatives. There has been no activity in Foxconn’s Green Bay building, either....

   ...more

Ken Notes: WOW, we are continuing to allow The Verge (Vox Media), and those who quote the Verge to tell the Wisconsin Story. This is wrong and they are wrong. Foxconn has clearly shifted gears and is seeking an entirely new direction for what it will build in Wisconsin. To suggest that this should be immediately accomplished is uninformed at best. The good news is they need to create jobs to get many of the credits, also they are willing to sit down and talk. The bad news is that they will have a number of outs if we do not work with them as they change direction. Wouldn`t it be great if there were an accounting of what we have spent, what we have committed to, and what is backing up our investments...

Share this article on you social outlets



Our Sponsors
- - Volume: 7 - WEEK: 20 Date: 5/16/2019 9:32:37 AM -