There are still plenty of people in Wisconsin who think the Taiwan-based Foxconn Technology Group is giving the state a giant head fake.
Skeptics think the company has no intention to put down roots in Wisconsin, and is simply waiting for the chance to abscond with our tax dollars and scamper home.
The latest company announcement rammed home the fact that nothing could be further from the truth.
Foxconn is buying a seven-story building in downtown Milwaukee from Northwestern Mutual, Wisconsin’s 161-year-old insurance giant. It will be the company’s North American headquarters and a center for activities outside its planned manufacturing plant in Racine County.
Those activities will include innovation, incubation, venture capital investment possibilities and other commercial dealings. The building has the capacity to hold 650 people and will be renamed Foxconn Place.