Foxconn opening innovation center in downtown Green Bay

Posted on Jun 29, 2018 :: Insight on Business, Web Exclusive.
Posted by of Insight Publications

Foxconn Founder and CEO Terry Gou receives a Green Bay Packers jersey from Gov. Scott Walker after announcing the company will open an innovation center in downtown Green Bay.

Foxconn Technology Group is opening an innovation center in downtown Green Bay, creating up to 200 high-tech jobs by the end of the year.

Foxconn Tech Group Founder and CEO Terry Gou made the announcement today in front of the WaterMark, the six-story, 75,000-square-foot office building the company is buying to house its innovation center. Employees in Foxconn’s Green Bay office will focus on developing applications for the new AI 8K+5G display technology the company is developing. Today’s announcement came one day after Foxconn officially broke ground Thursday for its $10 billion Wisconn Valley Science and Technology Park in Racine County, where the company will manufacture LED screens.

“The Foxconn ripple effect has arrived in Green Bay, Brown County and the New North,” said Wisconsin Gov. Scott Walker. “The cutting-edge technology that will be developed and worked on here will be used around the world.”

The Green Bay facility is part of the continuing investment Foxconn is making in Wisconsin beyond its manufacturing facilities. The Taiwanese company already purchased an office building in downtown Milwaukee that serves as the company’s North American headquarters and another innovation center.

“We are excited to expand our Wisconn Valley Innovation Center network to Northeast Wisconsin where we hope it will inspire innovative ideas and catalyze cutting-edge solutions from companies and entrepreneurs in this part of the state,” Gou said.  “The innovation center at Green Bay will play a key role in our goal to create a vibrant AI 8K+5G ecosystem in the U.S., with Wisconsin at the heart of this vision.”

Foxconn officials hope the development of the AI 8K+5G technology will provide advances in advanced manufacturing processes and technologies and for a variety of industries including health care and education.

New North Inc. Executive Director Jerry Murphy said the Foxconn investment in Green Bay is further evidence the region is developing a robust, technology-focused brand.

“This announcement by Foxconn is only the latest development of how technology is growing throughout the region. We’ve had the announcements by the Green Bay Packers and Microsoft about TitletownTech as well as Microsoft’s TechSpark program,” he said.  “We’ve always believed that the benefits of Foxconn would reach the New North. We’ve seen some of that through the initial awarding of contracts. Today’s announcements takes things to another level.”

Walker praised Murphy and the New North for the development of its Supply Chain Marketplace tool, which allows businesses to share information about themselves and their capabilities with other firms looking for suppliers. The creation of that network and then its quick adaption to include a place where companies could sign up to work with Foxconn has been tremendous for the state, he said.

“The Supply Chain Marketplace has allowed so many companies across Wisconsin benefit from Foxconn’s investment in our state,” Walker said.