Ad
Ad
Ad
Ad
Electronics Production | May 28, 2009

Foxconn puts Mexican investments on hold

The EMS-giant Foxconn has reportedly put investment plans for its Mexican facility in Juarez on hold.
Foxconn has already invested around $135 million into the area, but has now put a hold on the outstanding $45 million investment. Reason for this seems to be the lack of support from the local government, media reports state. Basic infrastructure, such as water pipes, a drainage system and decent roads seem to be missing.

Foxconn is rumoured to start transvering investment projects to other of its facilities.

Comments

Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Ad
Ad
Load more news
September 15 2017 9:25 AM V8.7.1-2