Foxconn Purchases Downtown Racine Property to Support "Smart City" Initiatives Across Wisc
Foxconn Technology Group recently announced the purchase of One Main Centre in downtown Racine for the development of Foxconn Place Racine and Wisconn Valley Innovation Center.
Located at One Main Street, Foxconn Place Racine will encompass a state-of-the-art co-working space and become a model for smart city pilot programs that leverage and reflect the transformational technologies to be built and enabled by Foxconn . Together with the Wisconn Valley Science and Technology Park at Mount Pleasant, the center will connect businesses and higher education institutions within the region to help create an AI 8K+5G ecosystem in Wisconsin.
Wisconsin Economic Development Corporation Secretary and CEO Mark R. Hogan, Wisconsin Department of Administration Secretary Ellen Nowak, Racine Mayor Cory Mason, and Racine County Executive Jonathan Delagrave joined Foxconn for the announcement.
For more information about Foxconn Place Racine, click here.