Foxconn Designates Downtown Milwaukee Building As North American Corporate Headquarters
Building Located at 611 E. Wisconsin Ave. Will Undergo Renovation, House More Than 500 Employees and Serve as Foxconn Innovation Center
MILWAUKEE, WI – Foxconn Technology Group (Foxconn) today announced that it is establishing its North American Corporate Headquarters in downtown Milwaukee after closing on its purchase of a seven-story office building located at 611 E. Wisconsin Avenue. More than 500 employees will work at the building, which will also serve as a Foxconn Innovation Center. The center will work with startup companies and entrepreneurs to develop applications for AI 8K+5G display technology that Foxconn is creating.
“We are excited to establish our North America Corporate Headquarters in the heart of the central business district close to the lakefront and near a lot of the other developments helping make Milwaukee a city on the move,” said Dr. Louis Woo, Special Assistant to Foxconn Founder and CEO Terry Gou, at a news conference. He was joined at the announcement by Milwaukee Mayor Tom Barrett, City Council President Ashanti Hamilton and Milwaukee County Executive Chris Abele.
“Foxconn in Wisconsin is more than our campus in Mount Pleasant. We will have a strong presence in Milwaukee as part of our extended Wisconn Valley Science and Technology Park. Milwaukee is where we will transition our AI 8K+5G vision into reality and make our new headquarters a magnet for customers and a showcase for our products and technologies,” added Woo. “When people come to Wisconsin to visit Foxconn, the Milwaukee headquarters will probably be one of the first stops they make.”
Employees at the headquarters will include teams of people who will be responsible for construction and logistics of the buildings at the Mount Pleasant campus as well as those who will work on supply chain activities plans for making liquid crystal display modules and construction of the fabrication plant.
About Foxconn Technology Group
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.
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Residents will have an opportunity to see advanced technologies that will be developed at the Wisconn Valley Science and Technology Park