Today, City of Racine Mayor Cory Mason, alongside Foxconn leadership, announced a Memorandum of Understanding between the City and the company, enabling the pursuit of public-private partnerships to accelerate a shared vision for Racine as a "Smart City."
“Racine’s history is rooted in innovation. We are inventors, builders, and doers. To be successful in the 21st century and continue to innovate, we have to anticipate the needs of future entrepreneurs and create an environment that will attract innovators to the City of Racine,” said Mayor Mason.
“This initiative speaks to the core of what Foxconn is all about, and this partnership will cement a lasting legacy for the next generation of innovators in the City of Racine and beyond. I am excited to see projects get off the ground and start to take shape. I have no doubt that we will soon see some exciting stories of creativity, discovery, and success that will positively shape the future of Racine and Wisconsin as a whole,” said Dr. Louis Woo, special assistant to the Foxconn Chairman and CEO.
Learn more about the partnership in the Racine Journal Times.