Foxconn purchases Belkin; transportation meeting set for Wednesday
RACINE COUNTY — Foxconn is making a big move to increase its presence in the United States — buying electronics and smartphone accessories company “Belkin.”
The deal is reportedly worth $866 million, and also gives Foxconn ownership of Linksys internet routers and smart home system Wemo.
Meanwhile, we could learn more on Wednesday, March 28 about plans to get workers from Milwaukee to the Foxconn facility in Mount Pleasant.
The Milwaukee Transportation Board will discuss options, including expanding Amtrak service and expanding the Milwaukee County bus line.
Two big things being considered are the costs and travel times.
This, as Foxconn finalizes plans to begin building a $10 billion facility in Racine County.