Tue. Dec 3rd, 2024

Taiwan’s Foxconn to invest $300 million in Michigan plant

Taiwan’s Foxconn Technology Group plans to invest $300 million in expanding its display screen plant in Wisconsin, and is considering a $1 billion investment in a new plant in Michigan, according to reports. The company’s expansion in the U.S. comes as it seeks to diversify its production base and reduce reliance on China.

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