MILWAUKEE _ The Wall Street Journal said Monday that Foxconn Technology Group could announce its U.S. investment plans this week and implied the company will build a display-panel factory in Wisconsin.
Citing three people briefed on Foxconn's plans, the newspaper said Foxconn is looking at producing display panels for large-screen televisions in Wisconsin.
Strictly speaking, that isn't new. Other media, including the Milwaukee Journal Sentinel, have reported for weeks that Wisconsin is a leading candidate for factories employing thousands that Foxconn is considering building in the United States.
The Wall Street Journal report, however, suggests that the Taiwanese electronics manufacturer has chosen Wisconsin. The newspaper also said Foxconn is looking at the Detroit area for an additional plant, but the report named none of the other states, including Ohio and Pennsylvania, that have previously been said to be in the running for the billions in investment the firm has said it is contemplating.
Foxconn officials have visited Wisconsin and other states in recent weeks to meet with top elected leaders as they mull their options.
Last week, Wisconsin Senate Majority Leader Scott Fitzgerald, a Republican, said Gov. Scott Walker's administration is working on a memorandum of understanding with the company.
Fitzgerald said he discussed the possibility of the firm coming here with Walker and Assembly Speaker Robin Vos, also a Republican, last Wednesday as part of budget negotiations over rebuilding Interstate 94 in Racine County, south of Milwaukee.
