LOUSIVILLE, KY – Foxconn confirmed plans to establish a major US production hub in Louisville, announcing a $170 million investment that will bring 180 new jobs to the region. The project follows earlier reports that Kentucky was under consideration and comes after the Kentucky Economic Development Finance Authority approved incentives for the company.
Executives from Foxconn Technology USA joined Louisville Mayor Craig Greenberg to unveil the plan, noting that the facility will produce a well-known consumer product for a well-known brand, though further details were not disclosed. During the announcement, a global operations map labeled the Louisville site as “Kentucky Assembly – TV/Display,” hinting at potential product categories.
The company expects production to begin in the third quarter of next year.
Local officials said the project signals renewed momentum for US-based electronics manufacturing.