Nearly half of the jobs that Foxconn plans to add at its Mount Pleasant campus will be directly involved in manufacturing processes with most of the hiring taking place by the end of 2027, according to a Wisconsin Economic Development Corp. staff review supporting the award of additional tax credits to the company.

Foxconn and WEDC announced plans in November for the company to add an additional 1,374 jobs at its Racine County campus along with investing $569 million. If the company hits those figures, that would bring total employment to 2,616 and capital investment to $1.2 billion.

Prior to the announcement, Foxconn was eligible for up to $80 million in tax credits under a re-worked incentive contract after the company’s initial ambitious plans – which offered up to $2.85 billion in incentives – did not develop as promised.

In conjunction with the November announcement, WEDC again amended the company’s incentive contract, adding an additional $9.6 million for capital investment credits and $6.4 million for job creation.

The November announcement pointed to rising demand for data infrastructure as a reason for the expansion.

WEDC’s staff review supporting the additional incentives does not provide much in the way of additional specifics regarding what the company will be making in the expanded facility.

The review, which is dated Oct. 30, says the amendment was requested “due to growing customer demand in the company’s data server manufacturing business. The company is analyzing options for the location of additional contract manufacturing operations within the United States, including Wisconsin.”

According to the staff review, Foxconn’s plans call for $202.1 million in spending on building renovations and $23 million for land acquisition. They also include a $180.5 million increase in spending on machinery and equipment for a new total of $305.3 million and a $164 million increase in new building construction for a $711.3 million total.

The amended contract offers $6.4 million in tax credits for the company hitting certain employment targets, starting at 1,595 in 2025, climbing to 1,944 in 2026 and ramping up to 2,616 by the end of 2029.

If the company hits the target in 2025, it could receive $600,000 in tax credits for job creation. Hitting the target from 2026 to 2029 would make the company eligible for $1.45 million in tax credits each year. If Foxconn falls short, the value of the tax credits would be prorated based on the number of jobs created as a percentage of the target.

The company does have to hit a minimum threshold – 80% of the target – to qualify for any job creation tax credits

From 2020 to 2024, the five full years with data under the amended contract, Foxconn has not hit the full employment target included in the contract. The closest the company came was 2020 when it hit 96.2% of the total and the worst year was 2021 when the company was at 82.2%.

On average, Foxconn has been at 87.8% of the hiring target in its amended contract. The original contract included much more ambitious hiring plans with a total of 13,000 jobs originally promised.

Nearly all of the 1,374 jobs the company plans to add in its latest expansion would be with Foxconn Industrial Internet USA, one of several affiliates included in the tax incentive contract.

The staff review says 635 of the jobs will be in direct labor roles. Those jobs have an average starting wage of $20 per hour.

Another 540 jobs will be in indirect labor roles, defined as those supporting the company’s operations but not directly involved in the manufacturing process. Those jobs have an average starting wage of $35 per hour.

The plans call for 185 jobs in administrative, research and development or overhead roles. Those positions have an average starting wage of $35 per hour.

Another 14 jobs will be in administrative, research and development or overhead roles across SIO International Development inc., FEWI Development Corp. and AFE Inc., all three of which are other Foxconn affiliates included in the contract with state. Those roles have an average starting wage of $40 per hour.

Foxconn’s plans call for 353 new jobs in 2025, 349 in 2026, 352 in 2027, 209 in 2028 and 111 in 2029.

Combined, the 1,374 jobs have an average starting wage of $28.12 per hour.