MILWAUKEE - A top Foxconn Technology Group executive has purchased a $2.18 million home in Wisconsin.
Alan Yeung and his wife, Stella Chan, bought the home in Elm Grove on March 5, a newspaper reported.
The 10,300-square-foot home has five bedrooms and six bathrooms. It had the second-highest price tag of any home for sale in Elm Grove when it was sold, according to online realtor sites.
The sale was first reported in BizTimes.
Yeung is Foxconn’s director of U.S. strategic initiatives. The company has promised to build a $10 billion electronics factory in Mount Pleasant, creating 13,000 jobs.
The Wisconsin Economic Development Corporation denied tax credits for the company in October because it hadn’t fulfilled the minimum job-creation requirements to earn them.
Another new plan, but will Foxconn follow through this time?
With Fisker, Foxconn Technology Group Chairman Young-way Liu says global leaders in innovation are joining forces. But critics who have followed the company are skeptical.
Foxconn, Fisker plan to team up to create innovative electric car
Foxconn has found a new partner for manufacturing -- and that could mean more changes at its Mount Pleasant campus.