Taiwanese manufacturing company Foxconn will build its first U.S. factory in Wisconsin, where it expects to employ between 3,000 and 13,000 people, officials announced on Wednesday.
The $10 billion facility would initially employ 3,000 people and could expand over time to create as many as 13,000 jobs, according to a senior White House official. The jobs will pay an average salary of $53,875, plus benefits, according to the Wisconsin Economic Development Corporation.
The project is the “single largest economic development project in the history of the state of Wisconsin,” said Gov. Scott Walker, who made the announcement on Wednesday at the White House with Foxconn founder and CEO Terry Gou.