It was announced that Hon Hai/Foxconn, the largest contract electronics manufacturer in the world, plans to invest $40 million in Pennsylvania to establish a high-end technology manufacturing facility, creating 500 jobs and to launch a strategic R&D partnership with Carnegie Mellon University.
Team Pennsylvania Foundation and its partners at the Office of International Business Development facilitated and supported the meetings with company leaders and state officials.
Hon Hai/Foxconn plans to invest $30 million to expand its connector and engineering operations that is expected to create 500 jobs over the next two years. The company has not selected a site to date for the expansion.
Additionally, Hon Hai/ Foxconn plans to establish a strategic partnership with Carnegie Mellon University (CMU) in Pittsburgh, including the commitment to invest $10 million over a two-year period in joint projects. The collaboration will focus on research and education in the fields of robotics and advanced manufacturing.
Matt Zieger, President & CEO, thanks the many Foundation partners who participated in the meetings. The Foundation supported a meeting between related industry officials and educators and company officials.
Team PA board members, C. Alan Walker, Secretary, Department of Community and Economic Development, board co-chair John Moran and CMU’s Tim McNulty, also participated in the announcement of the company’s plans to expand in Pennsylvania.
Hon Hai Precision Industry, more commonly known by its trade name, Foxconn, is based in Taiwan and is the world’s largest contract electronics manufacturer. The global company’s customers include Apple, Cisco, Dell, Nokia and Sony. Foxconn Electronics currently has an operation in Harrisburg with 30 employees.