A Wisconsin-Foxconn deal in 2017 that called for a factory built in exchange for US$3 billion in tax credits has failed renegotiation.
Wisconsin
Foxconn Centers in Wisconsin Aren't Being Developed
Foxconn promised it would build five centers in Wisconsin that would each bring 100-200 jobs. But now it says they aren’t being developed.
Foxconn Wisconsin Project Still Happening
Despite Wisconsin’s governor wanting to change his mind on the deal, Foxconn says its still committed to the project.
Foxconn Sticking to Wisconsin Plans Despite Governor's Criticism
Foxconn said remained committed to its planned factory in Wisconsin, despite recent criticism from the state’s Governor.
Cool Stuff Found
Wisconsin Regrets $4 Billion Foxconn Deal
Wisconsin’s governor wants to renegotiate his deal with Foxconn, saying he doesn’t believe the jobs promised as part of the deal will come.
“Clearly the deal that was struck is no longer in play and so we will be working with individuals at Foxconn and of course with (the Wisconsin Economic Development Corp.) to figure out how a new set of parameters should be negotiated.”
Wisconsin forced people out of their homes, claiming the site of the Foxconn plant was blighted, and now it’s changing its mind. Shameful.