The massive incentives package passed in the Assembly last week. Foxconn’s planned investment in the state totals 10 billion dollars and could bring 13,000 jobs.
The company plans to build three auxiliary facilities as well as the LCD assembly plant. Construction on those auxiliary locations could begin as early as next year, a report published Tuesday says.
But some are concerned that 3 billion dollars, the biggest incentives packages for a corporation in the state’s history, isn’t worth the price tag. Especially to a foreign company with a history of falling through on deals.
Senator Alberta Darling, a co chair of the finance committee, says she hopes the Senate will be able to vote on the bill by September 30th.