| Report: Foxconn Aiming for Another Plant in Czech Republic |
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| Thursday, 14 February 2008 09:53 | |||
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PRAGUE – Foxconn is reportedly discussing the acquisition of a plant in central Bohemia, say published reports. The firm already has two plants in the Czech Republic, one in eastern Pardubice and central Kutna Hora. Foxconn’s head in the Czech Republic, Jim Chang, said the issue should be resolved within two weeks, according to reports. Because of time pressures, Foxconn reportedly wants to purchase a plant already in operation. Chang would not disclose the name of the plant, but said it did not have to be large, and added Foxconn’s takeover would include employees. Foxconn has neared completion of its plant in Kutna Hora’s industrial zone, which will produce LCD screens. The plant should employ 1,200 people by the end of the year, reaching 5,000 staff when at capacity. Production in Kutna Hora should start in April. Kutna Hora councilors have plan to sell about 20 hectares of land to Foxconn near the industrial zone near the plant, Kutna Hora mayor Ivo Salatek said, according to reports. The sale will be discussed March 18.
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