Foxconn Technology Group executives met Wednesday with Wisconsin’s governor, legislative leaders, and others but no one is saying much about what they discussed.
Foxconn, the world’s leading electronics manufacturer, has been under the spotlight in Wisconsin ever since striking a deal in 2017 to build a flat-screen display panel plant heralded by President Donald Trump as the “eighth wonder of the world.”
Buoyed by the company’s promise that the facility would employ up to 13,000 people, then Gov. Scott Walker and fellow Republicans who controlled the Legislature approved the largest incentives for a foreign company in U.S. history — a package that could provide Taiwan-based Foxconn with about $4 billion in state and local tax credits over 15 years.
This story is from the August 17, 2019 edition of Techlife News.
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This story is from the August 17, 2019 edition of Techlife News.
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