“Foxconn flagship company Hon Hai Precision Industry Co. intends to invest in a machine-tool automation manufacturing plant and research and development facility for robotics, Taiwan’s Central News Agency reported, citing unidentified people familiar with the matter,” Wingfield and Varghese report. “Foxconn has 1.6 million workers globally, including factories in California and Texas that make partially-assembled products such as servers, Louis Woo, a company spokesman said at the time.”
“No site has been selected yet for the new Foxconn facility as the discussions are in ‘the very early stages,’ Steven Kratz, a spokesman for Pennsylvania’s Community and Economic Development Department, said by telephone. The company isn’t pursuing state assistance, he said,” Wingfield and Varghese report. “Foxconn officials are planning a project involving an investment of about $30 million that will employ 500 people over two years, Kratz said. The company already has a facility in Harrisburg, the state capital, which employs 30, he said.”
Read more in the full article here.
[Thanks to MacDailyNews Reader "Arline M." for the heads up.]