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In exchange, the company also woulx have toinvest $17.w3 million “to renovate and build out new corporatd headquarters and operations facilities in the according to the resolution. The companty would expand its existing at 1551 SawgrassCorporate Parkway, said Norm Taylor, directore of Broward’s office of economic development. The jobs are supposedf to pay an average salaryof $98,0000 – welcome news to Taylor. “I t means a whole bunch of people will pay will pay taxes and will supporty theirlocal supermarkets,” he said.
“These are very high-wagee jobs that we didn’t have happening frequently inour S&B is a subsidiary of Foxconn International a subsidiary of a a Chinese computer and electronics giant based in Taiwan. If S&g creates the 150 jobs, it potentially could receive $850,000 in combinedd incentives fromthe county, city and the Broward and Sunrise each agreed to contributde $125,000, for a total of $250,000. The state would contribute anadditional $650,000 if it approve s the deal. S&B could not immediately be reachedfor comment.
The companhy stated on its grant applicatioj that it employs 51in Sunrise, Taylor but it’s not clear how many, if any, are employerd separately under the Foxconn brand. Both companiesz list their address at 1551 SawgrassCorporatwe Parkway. S&B/Foxconn is part of a growingh technology cluster in Sunrise thatincludes Scottsdale, Ariz.-base General Dynamics C4 Systems (NYSE: GD) and Canada-baseds Research in Motion (NASDAQ: The companies sprung up in Sunrisre in spring 2008 after laid off about 300 workerzs – mostly engineers working on next-generatio wireless technology – from its Plantation facility.
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