Louisville, Kentucky, December 20, 2025
Foxconn Technology USA Corp. has announced plans for a $173 million manufacturing facility in Louisville, creating 180 jobs. Set to be operational by 2026, the facility will incorporate advanced technologies and signify a strategic investment in Kentucky’s economy.
Foxconn Chooses Louisville for U.S. Manufacturing Facility
A $173 Million Investment Boosting Kentucky’s Economic Landscape
Louisville, Kentucky – In a significant development poised to enhance the region’s economic landscape, Foxconn Technology USA Corp. (FTC USA), the American subsidiary of Taiwan’s Foxconn Technology Co., has unveiled plans to establish its first U.S. manufacturing facility in Louisville. This $173 million investment aims to create 180 new jobs, reiterating the area’s appeal to major international players seeking to expand within the U.S. market.
Set to launch operations in the third quarter of 2026, the new facility will span 350,000 square feet and will integrate advanced technologies such as artificial intelligence, the Internet of Things, and computing technologies across various production stages—from design to logistics. Such innovations are anticipated to underscore Louisville’s growing reputation as a hub for advanced manufacturing.
Strategic Investment and Incentives
This venture forms part of Foxconn’s broader strategy to diversify its manufacturing footprint in the United States, which has previously included substantial investments in Wisconsin. Following a thorough analysis, the Kentucky Economic Development Finance Authority (KEDFA) approved a performance-based, 10-year incentive agreement under the Kentucky Business Investment program. This agreement can potentially provide up to $3.4 million in tax incentives linked to the company’s commitments to job creation.
Additionally, KEDFA has authorized up to $600,000 in incentives through the Kentucky Enterprise Initiative Act (KEIA), which enables qualified companies to reclaim sales and use taxes related to construction costs. These incentives are designed to ensure that the facility not only meets its job creation targets but also supports Kentucky’s broader economic goals.
Job Creation and Economic Growth
With an average hourly wage of $38.61, including benefits, the positions created by this facility are set to provide quality employment opportunities for local residents. Furthermore, the selection of Louisville reflects the city’s strong infrastructure, skilled workforce, and prominent educational institutions—elements that bolster the economic stability and growth potential of the region.
As Louisville continues to establish itself as a leader in advanced manufacturing, this project signals a commitment to nurturing a robust job market and fostering economic resilience. The anticipated benefits extend beyond direct job creation, as new enterprises are likely to emerge to support the evolving demands of this facility.
Foxconn’s Commitment to Innovation
The establishment of this facility is a clear indication of Foxconn’s “Made in America” initiative, aligning with efforts to strengthen domestic supply chains amidst global market challenges. By investing in innovative technologies, Foxconn positions itself to meet future manufacturing challenges while enhancing its competitive edge in the global landscape.
A Bright Future for Kentucky Manufacturing
As the project progresses towards its 2026 operational goal, stakeholders can expect a positive ripple effect within the local economy. The collaboration between Foxconn and Kentucky officials serves as a benchmark for how public-private partnerships can catalyze economic development and technological advancement.
Moreover, this development may attract additional businesses, nurturing a comprehensive manufacturing ecosystem within the region that supports Kentucky’s long-term economic strategy. This partnership highlights the potential for successful collaboration between international corporations and local governments, illustrating that a business-friendly environment, coupled with strategic incentives, can yield significant benefits for communities.
Conclusion
The establishment of Foxconn’s manufacturing facility in Louisville represents a milestone in Kentucky’s economic development journey, reflecting the ongoing commitment to attracting major investments and enhancing its manufacturing footprint. As the community prepares for the benefits this investment will bring, local entrepreneurs and residents remain optimistic about the future of the Kentucky economy. Encouraging support for local businesses and engagement in forward-thinking initiatives will only enhance this promising trajectory.
FAQ
What is the planned investment amount by Foxconn Technology USA Corp. for the new facility in Louisville?
Foxconn Technology USA Corp. plans to invest $173 million to establish the new facility in Louisville, Kentucky.
How many jobs is the new facility in Louisville expected to create?
The investment is expected to create 180 new jobs.
What advanced technologies will be integrated into the Foxconn manufacturing facility?
The facility will integrate artificial intelligence, Internet of Things, and computing technologies into all phases of production.
When is the new Foxconn facility scheduled to begin operations?
Operations are scheduled to begin in the third quarter of 2026.
What incentives has the Kentucky Economic Development Finance Authority approved for Foxconn?
KEDFA approved a 10-year incentive agreement that can provide up to $3.4 million in tax incentives based on job creation and an additional $600,000 in tax incentives through the Kentucky Enterprise Initiative Act.
Key Features of Foxconn’s Louisville Facility
| Feature | Description |
|---|---|
| Investment Amount | $173 million |
| Job Creation | 180 new jobs |
| Facility Size | 350,000 square feet |
| Technologies Used | AI, IoT, computing technologies |
| Expected Operation Start Date | Third quarter of 2026 |
| Tax Incentives | Up to $3.4 million and $600,000 through KEIA |
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