Foxconn Announces New Innovation Center Friday

GREEN BAY, WI — Coming on the heels of Foxconn's groundbreaking in Racine County on a $10 billion electronics manufacturing plant, Foxconn announced that it is expanding its new Wisconn Valley Innovation Network to Green Bay

In a press conference Friday, Foxconn said it has entered into a definitive agreement to purchase a landmark property in Green Bay downtown, with a closing on the property and opening of the innovation center by Foxconn anticipated later this year.

According to company officials, the innovation center in Green Bay will be part of a talent and innovation network for the AI 8K+5G ecosystem that Foxconn is creating in Wisconsin, and in the U.S.

Located at 301 North Washington Street in Green Bay, the iconic building, known as The WaterMark, is a six-story, 75,000 sq. ft. office building located at the heart of Fox River Valley, and that was formerly home to H.C. Prange and Younker’s Department Store.

More than 200 Foxconn employees are expected to work at the center, where they will focus on developing applications for AI 8K+5G display technology that Foxconn is creating. The innovation center in Green Bay will serve a complementary role to Foxconn’s Wisconn Valley Science and Technology Park and its innovation center in Milwaukee.

This move also follows Foxconn’s recent purchase of a building in downtown Milwaukee that will serve as both the headquarters of the company’s innovation network in Wisconsin and its North American corporate headquarters.

Terry Gou, Foxconn Founder and CEO said in a prepared statement: “This investment marks another commitment by Foxconn to the State of Wisconsin and will ensure Foxconn’s contributions go well beyond the Wisconn Valley Science and Technology Park in Mount Pleasant, Racine County, and our North American headquarters in the City of Milwaukee.”

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