Foxconn acquires 20 acres in Mount Pleasant, but plans for that land are unclear

The land transaction comes after Foxconn qualified for another round of state tax credits in late 2024, bringing the total amount awarded to the company up to more than $52 million. Foxconn says it employs more than 1,000 people and builds data servers in the village.

Those subsidies are part of an agreement between the state and Foxconn that was reworked in 2021 to offer up to $80 million for 1,454 jobs and $672 million in investment. 

The deal was reworked after Foxconn acknowledged it would not move forward with its original plans to build an LCD screen manufacturing center that would create 13,000 jobs. The previous agreement from 2017 would have given nearly $3 billion to the company for its initial plan.

Meanwhile, Microsoft last year announced plans to invest $3.3 billion to build an artificial intelligence data center on land previously slated for development by Foxconn. Since announcing its plans, Microsoft has steadily purchased land in Mount Pleasant and now owns almost 1,900 acres.

Microsoft has paused construction on portions of its data center campus, saying it still plans to complete the first phase of the project but is reviewing its plans for additional phases to consider how recent changes in technology might impact the design of its facilities.

Previously:

Foxconn Selling Two Empty Wisconsin Buildings After Failed Promises to Bring Jobs to the State

Trump promised this Wisconsin town a manufacturing boom. It never arrived.

‘They demolished my house for this?’ Residents outraged by the Foxconn factory that fizzled

‘We’re still waiting’: PolitiFact Wisconsin checks claim on Foxconn’s 13,000 jobs (video)

Study Says Foxconn Deal Cost Wisconsin $20 Billion in Lost Economic Growth