Foxconn Closes on Purchase of 'Foxconn Place Racine'

March 7, 2019

Foxconn Technology Group recently purchased the office building at 1 Main Street in Racine for $6.25 million. The company plans to develop "Foxconn Place Racine and Wisconn Valley Innovation Center" and support about 125 Foxconn employees at the location.


“Foxconn’s purchase of One Main Centre is in line with our continued efforts to create a vibrant environment in Wisconsin for smart city solutions that will revolutionize how we live, work and play,” said Dr. Alan Yeung, Foxconn Director of U.S. Strategic Initiatives.


This is the second building Foxconn has purchased in the City of Racine. In December, the company bought an office building at 601 Lake Avenue, which it has said will be tied to the company's Smart City research efforts.


Read more in the Racine Journal Times.

Share on Facebook
Share on Twitter
Please reload

Featured Posts

Less Than One Year Later: Work to Begin on Foxconn Site

April 26, 2018

Please reload

Recent Posts
Please reload

Please reload

Search By Tags
Please reload

Follow Us
  • Facebook Basic Square
  • Twitter Basic Square
  • Google+ Basic Square