Last week, Josh Dzieza at The Verge broke the story that Foxconn received a permit to use its new Wisconsin facility for storage—not the massive job-creating LCD factory that was promised at the project’s outset. In light of this news, today we revisit the history of Foxconn in Wisconsin and discuss the latest developments—and what […]
Foxconn deal failing to live up to expectations
The Foxconn plant in Mount Pleasant Wisconsin, near Kenosha has been a wild ride for Wisconsin the last three years: then-Governor Scott Walker signed the deal in 2017 with the Taiwan-based manufacturing company to construct a new facility. Walker used the deal to promote his ability as a jobs creator. Though he then lost the […]
A three billion dollar web of deception: Inside FoxConn’s Mount ...
In 2017, then-Governor Scott Walker signed a deal with the Taiwan-based manufacturing company Foxconn to construct a new manufacturing facility in Mount Pleasant. The deal included three billion dollars in incentives spread across fifteen years, and was used as an election talking point for Walker during his reelection run. It’s also been used as a […]
Foxconn plant to produce ventilator units
In a press conference last month, Department of Health Services Secretary Designee Andrea Palm confirmed that the state is working to determine exactly how many ventilators are currently available. “We are continuing to work with our partners to get exact numbers, and we can provide that when we have it,” she said. Now, In an […]
Matthew Mitchell on Targeted Economic Development Subsidies
In an effort to spur economic growth and to burnish their job-creation bona fides, policymakers at the federal, state, and local levels often dispense targeted economic development subsidies. However, a new study on these subsidies by George Mason University finds that Wisconsin’s deal with Taiwan-based electronics manufacturer Foxconn will not work and in fact could […]
Report: Foxconn a Raw Deal for WI Taxpayers
In 2017, as the state of Wisconsin considered the wisdom of spending an unprecedented three billion dollars to entice Taiwanese screen manufacturer Foxconn to the state, then-governor Scott Walker told critics of the deal to “go suck lemons.” A “lemon” may end up describing the Foxconn project itself, as Foxconn continues to scale back its […]
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