WISCONSIN GOVERNOR: NO TAX CREDITS FOR NEW FOXCONN PLANT
Techlife News|December 21, 2019
WISCONSIN GOVERNOR: NO TAX CREDITS FOR NEW FOXCONN PLANT
WISCONSIN GOVERNOR: NO TAX CREDITS FOR NEW FOXCONN PLANT
Gov. Tony Evers’ top aide warned Foxconn Technology Group last month that a scaled down factory in Wisconsin won’t qualify for tax credits unless the Taiwanese electronics giant renegotiates with the state, letters Evers’ administration released.

The letters, which were first reported about by The Verge, underscore a deepening schism between Evers and the world’s largest electronics provider. Foxconn counts Apple, Google and Amazon among its customers.

Foxconn originally proposed building a massive flat-screen plant in Mount Pleasant that would eventually employ 13,000 people. Enamored with the thought of a monumental economic boost going into the 2018 elections, thenGov. Scott Walker and Republican legislators approved an unprecedented $3 billion state incentives package in 2017 for the factory. Democrats complained at the time that Walker and the GOP were giving away too much for a project that might never materialize.

But the landscape changed. First, Evers defeated Walker, Foxconn’s most valuable in-state ally. Then the company decided earlier this year to downsize the factory to make smaller display screens for cellphones and other devices.

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December 21, 2019