Friday marked an historic day for the Village of Mount Pleasant and Racine County, as Foxconn deposited $60 million for use by the Village for land acquisition. The investment marked a major Foxconn investment as the company brings its $10 billion manufacturing campus and thousands of associated jobs to the Village. As a result of the deposit, the Village is providing notice to property owners of the Village’s exercise of its options on 1,400 acres of land across numerous parcels in areas one, two and three of the Foxconn project site for $82 million.

Utility work and road construction will soon start in and around the Foxconn project site. Last week, the Racine Water Commission recommended contractors for two water main projects related to the Foxconn project, a water main along the east Frontage Road of I-94 between Highway 20 and Highway 11 in the Village of Mount Pleasant and another located in the Village, along Highway H from the Renaissance water tower south to Highway KR. Both projects will begin in January 2018 in conjunction with Wisconsin Department of Transportation (WisDOT) roadway improvements.

Click here to learn more about WisDOT's scheduled reconstruction of the east and west frontage roads as part of the I-94 North-South Freeway Project.

Recently, the Milwaukee Business Journal

selected M7 leaders Gale Klappa and Tim Sheehy as its 2017 Executives of the Year for their roles in bringing Foxconn’s manufacturing campus to southeastern Wisconsin. Read more here .

RCEDC's Jenny Trick was also recognized with an "honorable mention."

BizTimes recently named Foxconn Technology Group as Corporation of the Year. Read more about the designation here.