International Business News: Taiwanese contract electronics manufacturer Foxconn will dramatically scale back its planned investment in an initially planned $10 billion Wisconsin
By Rob Sussman
Apr 20, 2021 6:55 PM
GREEN BAY, WI (WTAQ) â Wisconsin Governor Tony Evers is lamenting that legal marijuana wonât happen in the state for now.
On a day known in large part for the consumption of marijuana, April 20th, Governor Evers, a Democrat, said heâs disappointed that assembly Republicans rejected his plan to put marijuana legalization into the state budget plan.
âAny kind of polling weâve done in the state of Wisconsin, either at the county level or municipal level, shows the people of Wisconsin want to see that happen,â Evers said at an appearance in Green Bay. âAt minimum they would like to see it legalized for medicinal purposes.â
2021/04/21 14:17 Former U.S. President Donald Trump takes tour of Foxconn with Foxconn chairman Terry Gou (right) in Mt. Pleasant, Wisconsin. Former U.S. President Donald Trump takes tour of Foxconn with Foxconn chairman Terry Gou (right) in Mt. Pleasant, Wisconsin. (AP photo) TAIPEI (Taiwan News) Taiwanese electronics manufacturer Foxconn will be eligible for just US$80 million in state tax credits under a new contract signed Tuesday (April 20) for its planned investment in the U.S. state of Wisconsin, down from the US$$2.85 billion it could have received under the original deal. The company announced Monday that it has agreed to scale back its manufacturing project near the city of Racine without providing details. Its vice chairman, Jay Lee (李傑), said the decision would give the company more flexibility to pursue business opportunities that meet market demand.
Wisconsin Energy (NYSE: WEC) is scheduled to report first-quarter 2011 results before the opening bell tomorrow, May 3. Analysts are looking for the utility company to announce that per-share earnings rose 16.7% from a year ago to $0.66. That is up from the consensus estimate of $0.63 some 90 days. Read More. Don t Miss Any Updates! News Directly in Your Inbox Subscribe to: