MADISON, WI — Foxconn Technology Group plans to open facilities in west-central Wisconsin.
The Taiwanese electronics giant announced Monday it has entered into an agreement to buy The Grand, a downtown Eau Claire building, and has purchased office space at Haymarket Landing, another downtown Eau Claire building.
The company says it will use The Grand as a laboratory and the Haymarket Landing space as an innovation center, creating at least 150 jobs. Foxconn plans to close this year and begin operations next year.
Foxconn is currently building a flat-screen factory in Mount Pleasant with the help of an unprecedented state incentives package. Last month the company announced it would locate its North American headquarters in Milwaukee and open a Green Bay office.
Gov. Scott Walker says Foxconn's investment will impact the entire state.