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Foxconn Makes Major Investment in Racine County with $60 Million Deposit; Village Exercises Options

Friday marked an historic day for the Village of Mount Pleasant and Racine County, as Foxconn deposited $60 million for use by the Village for land acquisition. The investment marked a major Foxconn investment as the company brings its $10 billion manufacturing campus and thousands of associated jobs to the Village. As a result of the deposit, the Village is providing notice to property owners of the Village’s exercise of its options on 1,400 acres of land across numerous parcels in areas one, two and three of the Foxconn project site for $82 million.

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