Foxconn and M+W | Gilbane Award Contracts Valued at $14 Million to Eight Companies for Construction of First Building in the Wisconn Valley Science and Technology Park

Milwaukee, WI – Foxconn Technology Group (Foxconn) and its general contractor, M+W | Gilbane (Gilbane), announced today the selection of eight prime subcontractors, all with strong presence in Wisconsin, for the development of the first building – a 120,000 square foot multipurpose building – at the Wisconn Valley Science and Technology Park in Racine, Wisconsin. The contracts awarded for the construction of the multipurpose building have a total value of $14 million. Foxconn will be announcing additional contracts for the development and construction of other facilities that are part of the first phase of the Wisconn Valley Science and Technology Park in the coming months.

“We are pleased that a team of companies with strong track records in Wisconsin has been assembled to support the development and construction of our first building in the Wisconn Valley Science and Technology Park,” said Alan Yeung, Foxconn Director of U.S. Strategic Initiatives and President of FEWI Development Corporation. “We are committed to our ‘Wisconsin First’ approach where we are actively working with local partners and tapping the talented and hardworking workforce in the state as part of our shared vision of transforming Wisconsin into a global technology and advanced manufacturing hub.”

Foundation work for the multipurpose building will begin in August 2018, and the construction of this building is expected to be completed in Winter 2018/2019. The multipurpose building will serve as office space for construction companies involved in the building of the Wisconn Valley Science and Technology Park. It will also house research and development facilities focusing on advanced display technology and applications in all aspects of smart lives. In addition to the interim experimental and training facility that Foxconn has leased in Mount Pleasant, Foxconn will also be carrying out activities such as testing of equipment and advanced manufacturing techniques, and beta testing of assembly and manufacturing systems that will be used in the company’s Wisconsin operations, at the multipurpose building.

Adam Jelen, Senior Vice President at Gilbane, said, “We are moving full steam ahead with the building of the Wisconn Valley Science and Technology Park advanced display manufacturing facilities, which will have a transformational impact on our state and support a large Wisconsin- based workforce. We continue to see significant interest from Wisconsin companies to be a part of this project and look forward to working with additional partners as we execute on construction and development plans for the Park.”

The list of companies that were awarded contracts today is below.

Interested companies were invited to submit bid proposals as part of a bidding process for contracts associated with the construction of Area One, Phase One of Wisconn Valley Science and Technology Park. Information on future bids and additional opportunities to be a part of this project can be obtained at wisconnvalley.wi.gov

About Foxconn Technology Group

Established in 1974, Foxconn Technology Group (“Foxconn”), is the global leader in manufacturing services for the computer, communication, and consumer electronics (3C) industry. A multinational company headquartered in Taiwan, Foxconn offers many of the leading U.S. and international companies in electronics a one-stop integrated manufacturing solution. Foxconn generated total annual revenue of $158 billion in 2017 and was ranked No. 27 on the 2017 Fortune magazine Global 500. The company has facilities in Asia, Europe, and the Americas.

Foxconn is leveraging the potential of cloud computing, mobile devices, the Internet of Things, Big Data, artificial intelligence, networks, and robotics and automation, in its transformation as a leading high-tech enterprise and industrial Internet company. The company has research centers and testing laboratories internationally and has received more than 83,500 patents worldwide. In addition to maximizing value creation for customers, Foxconn is also dedicated to enhancing the concept of environmental sustainability in the manufacturing process and serving as a best-practices model for global enterprises.

NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. It has not been verified for its accuracy or completeness.