GREEN BAY, WI (WTAQ) – An economic development organization that serves 18 Northeast Wisconsin counties believes it can help ensure local companies benefit from an expected new plant in the southern part of the state.
New North Executive Director Jerry Murphy says “right about the time that Foxconn will be identifying vendors and suppliers for their supply chain needs, we’ll basically be able to position this tool for their buyers to use in identifying particularly Northeast Wisconsin based firms.”
Murphy describes New North as a supply chain marketplace that connects suppliers and buyers, with 370 users as of April 2017.
He says Foxconn, which plans to build a $10,000,000,000 manufacturing plant in southern Wisconsin within the next few years, will have quite a few needs that the northeast part of the state could provide.
“They’ll have a supply chain spend of over $4,000,000,000, and an anticipation of roughly one-third of that most likely from Wisconsin firms.”
He says those opportunities for Northeast Wisconsin companies could come in a variety of fields.
“There may be some construction benefits that dribble through, professional services, engineering, financial, legal, packing requirements they will have for their production, the logistics needs they might have for distributing their products.”
Murphy says there is no cost for businesses to post their company profile in New North’s online directory.
