Foxconn Plant (copy)

Foxconn Chairman Terry Gou, left, and Gov. Scott Walker hold the Wisconsin flag at the Milwaukee Art Museum in Milwaukee Thursday to celebrate Foxconn's planned $10 billion investment to build a display panel plant in Wisconsin.

MIKE DE SISTI, MILWAUKEE JOURNAL-SENTINEL VIA AP

An economic impact study produced by a consulting firm for Foxconn offers insight into the electronics manufacturing company's deal with the state of Wisconsin.

Ernst & Young prepared an analysis this month for "Project Flying Eagle," the code name given to the project that is expected to bring a $10 billion manufacturing facility to southeastern Wisconsin, employing up to 13,000 people. 

Here are some key elements of the assessment:

Construction:

  • Construction is expected to take place over a four-year period. Total cost is estimated at $10 billion, with $5.7 billion coming from Wisconsin construction work and equipment. 
  • The 4-year construction period is expected to support 16,205 "construction and related" jobs in the state. About 10,000 of those jobs will come directly from construction work on-site.
  • Capital investments are expected to bring in about $500 million in state and local tax revenues, $154 million of which will come from sales tax revenues on construction materials.
  • The project would span two facilities, both of which would produce 8K substrate glass — the "highest ultra-high definition resolution available." 

Ongoing:

  • Once fully operational, the plant would employee 13,000 employees. 
  • The average base salary for employees would be $53,875. With overtime and benefits, employees would earn an average of $73,500 per year.
  • Including jobs at the Foxconn factory, the project would support more than 34,000 jobs throughout the state, including suppliers and companies that sell to the plant and to suppliers.
  • Four hundred jobs would come from a glass manufacturer that would be "co-located" within the plant.

Money:

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  • The total impact on state economic output would be about $11.11 billion, nearly half of which would be state GDP (gross domestic product). 
  • The plant's operations — directly and indirectly — would support about $181 million in state and local tax revenues. 

Direct employment jobs:

  • The majority of employees would be hourly operators and techs, at 9,817.
  • Process equipment engineers would account for 1,600 jobs.
  • Business support jobs would come in at 820.
  • Integration engineers would account for 463 jobs.
  • CIM engineers would come in at 300 jobs. 

Indirect and induced jobs:

  • About 1,300 would come from manufacturing.
  • Trade and transportation would account for about 5,000.
  • Business services would account for about 4,000.
  • Professional and financial services would account for about 4,000.
  • Health care and education would account for about 3,000.
  • Construction and utilities would account for about 1,000.

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Jessie Opoien covers state government and politics for the Capital Times. She joined the Cap Times in 2013 and has also covered Madison life, race relations, culture and music. She has also covered education and politics for the Oshkosh Northwestern.