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Microsoft agrees to buy $50m Foxconn parcel in Wisconsin

KIFI

By TODD RICHMOND
Associated Press

MADISON, Wis. (AP) — Microsoft has agreed to buy a $50 million parcel of land in southeastern Wisconsin meant for Foxconn after the world’s largest electronics manufacturer failed to fulfill grandiose promises to build a massive facility that would employ thousands of workers. Microsoft plans to build a $1 billion data center on the 315-acre parcel in Mount Pleasant, a village in Racine County about 30 miles south of Milwaukee. Microsoft officials say the facility could employ up to 400 people. The village already is home to a Foxconn Technology Group manufacturing facility. The Taiwan-based company promised to create 13,000 jobs at the facility but only created about 770 jobs last year.

Article Topic Follows: AP National

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