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Report: Foxconn deal to come in Milwaukee Thursday

iPhone manufacturer looking at Wisconsin for site

Tech abilities in Dane County a draw...

MADISON, Wis. - A deal for a major tech company to come to Wisconsin could be imminent, according to reports. 

Milwaukee talk radio host and conservative commentator Mark Belling told listeners Monday afternoon that the Foxconn deal would be announced at the Milwaukee Art Museum on Thursday. 

Earlier Monday, the Wall Street Journal reported an announcement on a Wisconsin location could come this week. 

News 3 has been unable to confirm those reports but has learned part of the Foxconn interest in Wisconsin is because of technology resources in Dane County.

The Taiwanese company is known for being involved in manufacturing of screens for iPhones, among many other products.

Multiple sources who were familiar with visits and conversations in the Madison area say the company's Chairman Terry Gou visited with officials at UW-Madison in the last two weeks about research and development capabilities in technology and life sciences. 

A spokesman for Chancellor Becky Blank would not confirm a meeting had taken place, but said in a statement that " UW-Madison supports economic development efforts in the advanced manufacturing or tech sectors that will provide more opportunities for Wisconsin and its citizens."

President of the Wisconsin Technology Council, Tom Still, said Dane County's tech abilities are likely part of the big picture for Foxconn as they choose between multiple states working on incentive packages for the company.

"If you think about Dane County specifically it's not only the University of Wisconsin-Madison and all the research that takes place there which really spans the entire spectrum of what a company such as Foxconn might look for but there are significant private companies in Dane County that may also be a fit," Still said. 

Still mentioned Promega, GE Healthcare and Accuray all as businesses that could be potential partners for Foxconn, as well as the potential for many more to join a possible supply chain.

"If you think about their health and bioscience division and how diverse that is, that diversity also exists in Dane County," Still said.

Gov. Scott Walker downplayed reports that a deal with Foxconn was imminent last week calling it "purely speculative."  Senate Majority Leader Scott Fitzgerald said the administration was working on a Memorandum of Understanding of incentives to try and draw the company.  Neither official could be reached for comment Monday afternoon. 

A spokesman for the Wisconsin Economic Development Corp. said " WEDC does not comment on any pending or potential economic development opportunities."


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