Remember Foxconn in WI? This is no Foxconn in WI. This is real.
It's a disturbance in the force that should have caught the attention of
Elon Musk and his fanboys.
https://en.wikipedia.org/wiki/Foxconn_in_Wisconsin
"The possible construction of a $7 billion factory in the United States
that would employ as many as 50,000 people was discussed with reporters
by Terry Gou, Foxconn founder and CEO, on January 22, 2017."
"At the groundbreaking in June 2018, President Trump praised the plant, describing it as "the Eighth Wonder of the
World".[47][48][49][50][23][23] The Wisconsin state legislature granted
Foxconn special legal privileges within the Wisconsin judicial
system.[5] In 2018, the Walker administration shifted up to $90 million
in local road funding to road work related to the Foxconn factory.[51]
The state spent $252 million on widening a portion of I-94 from six to
eight lanes in anticipation of the increased traffic generated by the project.[52]
In January 2019, Foxconn said it was reconsidering its initial plans to manufacture LCD screens at the Wisconsin plant, citing high labor costs
in the United States, and that it would hire mostly engineers and
researchers, rather than manufacturing workforce.[53] In February 2019, Bloomberg News reported that the plant was "unlikely to ever employ
13,000 workers."[12] In an interview in July 2019, Governor Tony Evers
said that Foxconn told him the factory would open by May 2020, but would
employ only 1,500 workers.[54] In January 2020, Foxconn's founder Terry
Gou insisted the factory would be operational within 2020.[55] A 120,000-square-foot storage facility (11,000 m2) was built in 2018
intended to be a "Smart Manufacturing Center".[56] Construction
continued in 2019 with a 1-million-square-foot building (93,000 m2)
referred to as a "advanced manufacturing" facility by Foxconn though
they have permission to use it for storage also.[44] The company says
the approximately 100-foot-tall (30 m) "High Performance Computing Data
Center globe" under construction will house a network operations
center.[44] The center is not part of the original agreement with the state.[30]
In April 2020, Foxconn announced plans to make respirators in
partnership with Medtronic at the Wisconsin plant in response to the
COVID-19 pandemic.[57] That relationship ended by November.[58] Around
the same time on April, Foxconn also began assembling procedural masks
in Mount Pleasant under the Sharp brand.[59][60][32]
Foxconn confirmed the development of data center infrastructure and high-performance computing capabilities in November 2020 in response to unconfirmed reports that key components for Google servers would be
assembled here.[61] In March 2021, they began making servers and other
5G networking gear for a handful of clients, including Cisco Systems.[62]
Young Liu took over as Foxconn chairman after Gou left.[63] Lui said in
March 2021 that he “need[s] to find a product that fits that location”
just before a new scaled-down agreement was reached in April.[64] An
official involved in the new agreement stated that the Foxconn campus
would be used “for the manufacturing of data infrastructure and other operations related to high-performance computing, cloud computing, and artificial intelligence”.[34] The 2021 revised agreement provided the flexibility needed by Foxconn as a largely contract manufacturer.[65] A
deal between Foxconn Technology Group and Fisker to build electric cars
was made in February 2021.[25] While there was initial speculation that
cars could be built at the industrial park[66][67] and a site visit by
Henrik Fisker,[68] Foxconn purchased the former GM plant in Ohio from
electric automaker Lordstown Motors.[69]"
The first article I saw about this referred to Foxconn as an
iPhone maker. Foxconn is a whole lot bigger than that. When you walk
into any electronics store most of what you're looking at was made by
Foxconn or one of their competitors.
https://en.wikipedia.org/wiki/Foxconn
https://www.axios.com/2022/05/19/foxconn-ev-electric-vehicles-lordstown
"iPhone maker Foxconn enters U.S. electric vehicle manufacturing industry"
A more detailed and realistic version:
https://gmauthority.com/blog/2022/05/foxconn-completes-acquisition-of-former-gm-lordstown-plant/
"Foxconn Completes Acquisition Of Former GM Lordstown Plant"
"Lordstown Motors first announced the deal with Foxconn last year. Under
the agreement, Lordstown will enter a new joint venture with Foxconn,
with the former keeping a 45-percent stake, and the latter taking the remainder. Foxconn is also known as the primary manufacturer of the
Apple iPhone.
According to a recent report from Reuters, the startup electric
automaker will receive $260 million in proceeds, which includes
reimbursements for operating and expansion costs. Going forward, the
product development joint venture will enable Lordstown to raise
additional cash following the delivery of the first all-electric
Lordstown Endurance trucks to customers. The Endurance pickup will be
produced at the former GM Lordstown facility."
Foxconn in WI made a lot of headlines. Foxconn in OH is likely to
end up being a much bigger deal.
TB
--- SoupGate-Win32 v1.05
* Origin: fsxNet Usenet Gateway (21:1/5)