Taiwan-based computer parts manufacturer Foxconn Technology, and its subsidiary Hon Hai Precision Industry, plan to invest $30 million to expand its Harrisburg, Pennsylvania
, production plant.
In addition, the company said it will allocate $10 million for research and development on robotics cooperation with Carnegie Mellon University in Pittsburgh.
Foxconn chairman and founder Terry Guo said the Harrisburg plant will be transformed into a high-tech manufacturing
facility for telecommunications equipment and Internet servers, with an estimated 500 employees.
"We'll go from original component R&D through to a complete high-end production chain," Guo said. "However, this is not, as assumed, manufacturing for a specific brand."
The firm said it wants to expand the number of products its makes in America, while not relocating items produced in Taiwan.