Bird s-eye view photos of Foxconn
Racine-area certified financial planner Michael Haubrich has taken Journal Times reporter Michael Burke on several flights for the purpose of taking documentary photos of Foxconn Technology Group s developing campus in Mount Pleasant.
Foxconn High Performance Computing Data Center
Foxconn Technology Group s future globe-shape High Performance Computing Data Center at the Wisconn Valley Science and Technology Park, is shown on March 15. Michael Burke
Foxconn HPCDC
Construction is underway on Foxconn Technology Group s future globe-shape High Performance Computing Data Center at the Wisconn Valley Science and Technology Park in Mount Pleasant, as seen from this aerial shot on March 15.
They say the electronics giant violated the terms of the agreement while local governments spent millions.
Feb 4th, 2021
iStock
MILWAUKEE (AP) Worldwide electronics leader Foxconn Technology Group violated terms of its contract in Wisconsin, while local governments spend hundreds of millions of dollars to prepare for the project, a lawsuit filed by a real estate development company alleges.
Hintz Real Estate Development Co. claims that Foxconn is in breach of its contract by failing to construct a Generation 10.5 LCD manufacturing facility in southeast Wisconsin not far from the Illinois border, the Milwaukee Journal Sentinel reported Wednesday.
Foxconn did not employ local workers in manufacturing and construction “to the extent agreed,” and failed to make capital investments in the county and village “to the extent agreed, the lawsuit filed Tuesday in Racine County Circuit Court said.
Developer sues Foxconn for contract breach
BROKEN PROMISE: Foxconn scaled down its LCD investment after local governments have invested hundreds of millions of US dollars to prepare for the plant, a lawsuit says
AP, MILWAUKEE, Wisconsin
Worldwide electronics leader Foxconn Technology Group (富士康科技集團) breached terms of its contract in Wisconsin, while local governments spent hundreds of millions of US dollars to prepare for the project, a lawsuit filed by a real-estate development company alleges.
Hintz Real Estate Development Co claims that Foxconn, known as Hon Hai Precision Industry Co (鴻海精密) in Taiwan, is in breach of its contract by failing to construct a 10.5G LCD manufacturing facility in southeast Wisconsin not far from the Illinois border, the Milwaukee Journal Sentinel reported on Wednesday.
Real estate developer seeking nearly $400 million on behalf of taxpayers. //end headline wrapper ?>Get a daily rundown of the top stories on Urban Milwaukee
A globe is constructed Wednesday, Oct. 21, 2020, at the Foxconn campus in Mount Pleasant. Angela Major/WPR
Three years after committing to build a state-of-the-art manufacturing facility and create 13,000 jobs in Wisconsin that have still yet to materialize, Taiwanese tech company Foxconn is being sued by a real estate company for failing to deliver on its promises.
Daniel Hintz, and Hintz Real Estate Development Co., also names Racine County and the Village of Mount Pleasant, which has spent millions of dollars on upfront investments, including infrastructure and land acquisition for the project since 2017.