Foxconn may not manufacture anything in Wisconsin after all

Foxconn may not manufacture anything in Wisconsin after all

Reuters reports that the plans - announced amid great fanfare by Donald Trump in 2017 - have recently been scaled back and altered.

Louis Woo, the special assistant to Foxconn chief executive Terry Gou, told the press service that the company was still considering its options in Wisconsin, but said the cost of manufacturing TVs in the USA was simply too high. "This news is devastating for the taxpayers of Wisconsin". The company, reportedly, plans to employ people for research and engineering as opposed to a workforce of 13,000 mostly manufacturing positions the company originally promised. We were promised state of the art LCD production.

Foxconn and U.S. President Donald Trump unveiled the Wisconsin project with much fanfare in 2017 as the Taiwanese company extracted a raft of incentives from the state, although some were forfeited previous year after falling short of hiring goals.

"In Wisconsin we're not building a factory".

Already, the company's hiring pace is slowing down in Wisconsin.

"I do think that it's likely that they'll adjust to what the market conditions are", said Still, whose group nurtures tech in Wisconsin and advises state leaders on policy.

State GOP leaders blamed Democratic Gov. Tony Evers, who has been in office LESS THAN A MONTH.

"We don't blame Foxconn for altering plans in an ever-changing technology business. You can't use a factory to view our Wisconsin investment", Woo said.

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PolitiFact Wisconsin has regularly fact-checked statements about the project. That includes focusing on research and development in advanced industrial internet technologies and producing high-tech applications and solutions for industries such as education, medical and health care, entertainment and sports, security, and smart cities, Foxconn said. Foxconn has said the plant will initially employ 3,000 people, and eventually 13,000, at an average wage of almost $54,000 per year.

But after the spotlight faded, Foxconn dropped its plans in the state.

In terms of TV, we have no place in the U.S. We can't compete. The bottomline: While some environmental oversight was removed, Flynn's claim went beyond that to say there would be no oversight related to wetlands. The state shelled out billions of dollars in tax incentives for blue collar jobs, which would be slashed dramatically in favor of research and development.

But the only compilation of government subsidies we found shows that the Foxconn offer would exceed the highest subsidy provided to a foreign company - $1.65 billion in 2012, made by Pennsylvania to Dutch Royal Shell, based in The Netherlands. But that deal and those jobs no longer look viable. It is unclear when the full 13,000 workers will be hired.

Democratic critics, including Evers, said the incentives promised to Foxconn were too rich and questioned whether the company would ever fulfill its job creation and investment promises.

Trump celebrated the deal in the East Room of the White House and attended a groundbreaking ceremony last summer in Racine County.

"The state of Wisconsin is investing in a once-in-a-lifetime economic development opportunity that will be transformational as the state will become home to the only LCD manufacturing facility outside of Asia", Mark Maley, spokesman for the Wisconsin Economic Development Corporation, told The Washington Post in a November email.

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