Wisconsin Builders Association supports Foxconn plant

The Wisconsin Builders Association (WBA) supports historic announcement that Foxconn will bring 13,000 new jobs to the area and likely many more once other suppliers follow Foxconn’s lead and relocate to southeastern Wisconsin. This is the largest single economic development project in Wisconsin history.
Foxconn will construct a high-tech manufacturing and technology campus comprised of multiple buildings totaling 20 million square feet, and will produce liquid crystal display (LCD) panels for a variety of industries.
WBA President David Belman stated, “This will have a big impact on our industry to provide safe and affordable housing in southeastern Wisconsin. Members of the WBA are ready to help provide housing options for those that are new to the area and those that are looking for new housing options in the future.”
New housing will not only help spur more job creation, but will also provide additional revenue to state and local governments.
The estimated one-year metro area impacts of building 1,000 single family homes in Wisconsin include:
* $180.7 million in income for Wisconsin residents
* $29.8 million in taxes for the state and local governments in the state
* 3,255 jobs in Wisconsin
These are local impacts, representing income and jobs for residents of Wisconsin, as well as taxes (and other sources of revenue, including permit fees) for all local jurisdictions within the state area. They are also

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