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Why Foxconn tore up a Wisconsin town to build a factory—then retreated

The iPhone maker got fat incentives to build a $10 billion LCD plant that largely hasn’t materialized on land where Mount Pleasant, Wis., razed homes and crops. “We’re talking about things that are just imaginary.”.....»»

Category: topSource: moneycentralApr 30th, 2019

As Foxconn Breaks Ground in Wisconsin, Costs to Taxpayers Go Up

The incentives offered by Wisconsin and its municipalities to Taiwan’s Foxconn Technology since it announced a $10 billion megaplant in the state have gone up by nearly $1 billion......»»

Category: smallbizSource: wsjJun 27th, 2018

Foxconn breaking ground on Wisconsin plant it received $4 billion to build

Foxconn breaks ground on Wisconsin plant amid criticism of $4 billion in state and local incentives paid to company......»»

Category: topSource: moneycentralJun 28th, 2018

Could Microsoft investment in Wisconsin approach what Foxconn promised? What Brad Smith said.

The $3.3 billion data-center hub Microsoft Corp. confirmed Wednesday for Mount Pleasant could very well be the first of several phases in Racine County but president Brad Smith told the Milwaukee Business Journal he’s not ready to go there......»»

Category: topSource: bizjournalsMay 8th, 2024

Foxconn incentives could be amended upward if it exceeds current job, spending predictions

The $80 million Wisconsin incentive agreement finalized this week for Foxconn Technology Group could be revised in the future, conceptually adding more state investment if the company exceeds its current job or spending projections......»»

Category: topSource: bizjournalsApr 21st, 2021

Foxconn Mostly Bails On $10 Billion Wisconsin Factory

Foxconn Mostly Bails On $10 Billion Wisconsin Factory Taiwan elect.....»»

Category: dealsSource: nytApr 21st, 2021

Foxconn Wisconsin tax breaks shrink from $2.9 billion down to $80 million in new state deal

Under the original deal, Foxconn would have qualified for $2.85 billion in Wisconsin.....»»

Category: topSource: chicagotribuneApr 21st, 2021

Foxconn’s $2.9 billion in tax breaks shrink to $80 million in new Wisconsin deal

Under the original deal, Foxconn would have qualified for $2.85 billion in Wisconsin.....»»

Category: topSource: chicagotribuneApr 21st, 2021

Late 2019 hiring surge put Foxconn over jobs threshold for state incentives

About 400 of the 556 employees Foxconn Technology Group reported to the state of Wisconsin for the end of 2019 had been working for the company three months or less......»»

Category: topSource: bizjournalsApr 10th, 2020

Foxconn tore up a small town to build a big factory, then retreated

The iPhone maker got fat incentives to build a $10 billion LCD plant that largely hasn’t materialized on land where Mount Pleasant, Wis., razed homes and crops. “We’re talking about things that are just imaginary.”.....»»

Category: topSource: moneycentralApr 30th, 2019

Foxconn tore up a small town to build a big factory, then retreated

The iPhone maker got fat incentives to build a $10 billion LCD plant that largely hasn’t materialized on land where Mount Pleasant, Wis., razed homes and crops. “We’re talking about things that are just imaginary.”.....»»

Category: topSource: moneycentralApr 30th, 2019

Wisconsin governor says he wants to renegotiate Foxconn contract

Wisconsin's governor said on Wednesday he wants to renegotiate the state's contract with Foxconn Technology Group for investment incentives because the Taiwanese company is not expected to reach its job creation goals for the state......»»

Category: topSource: moneycentralApr 17th, 2019

Wisconsin governor says he wants to renegotiate Foxconn contract

Wisconsin's governor said on Wednesday he wants to renegotiate the state's contract with Foxconn Technology Group for investment incentives because the Taiwanese company is not expected to reach its job creation goals for the state......»»

Category: topSource: moneycentralApr 17th, 2019

Foxconn breaking ground on Wisconsin plant it received $4 billion to build

Read full story for latest details......»»

Category: topSource: cnnJun 28th, 2018

How Wisconsin Governor Scott Walker’s Foxconn Deal May Have Cost Him the Election

Cost to taxpayers are ballooning. This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. To get it delivered daily to your in-box, sign up here. Did Scott Walker’s multi-billion dolla.....»»

Category: europeSource: fortuneNov 7th, 2018

Wisconsin offered Foxconn more than Virginia and New York did for Amazon

The bundle of financial incentives Wisconsi.....»»

Category: topSource: chicagotribuneNov 15th, 2018

Wisconsin offered Foxconn more than 3 states combined offered Amazon

The bundle of financial incentives Wisconsi.....»»

Category: topSource: chicagotribuneNov 16th, 2018

Foxconn reconsidering plans to make LCD panels at Wisconsin plant

Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels at a $10 billion Wisconsin campus......»»

Category: topSource: moneycentralJan 30th, 2019

Foxconn Freezes Plans for $10 Billion Wisconsin LCD Campus

Foxconn originally said it would create a 20-million square foot operation and 3,000 jobs. It now looks close.....»»

Category: europeSource: fortuneJan 30th, 2019

Technology Company Foxconn Is Rethinking Its $10 Billion Wisconsin Factory Amid Trump’s China Trade War

Foxconn and President Trump unveiled the Wisconsin project with fanfare in 2017 (Bloomberg) — Foxconn Technology G.....»»

Category: topSource: timeJan 30th, 2019