Page 21 - விஸ்கான்சின் பொருளாதார வளர்ச்சி கார்ப் News Today : Breaking News, Live Updates & Top Stories | Vimarsana
DMI La Crosse wins Best Retail Event award in WEDC revitalization contest
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Foxconn s giant factory in Wisconsin sounded too good to be true Turns out it was
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Foxconn s giant factory in Wisconsin sounded too good to be true Turns out it was
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Foxconn s new deal shows how project has changed since 2017
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Changes
Under Foxconnâs original contract, signed in late 2017 by Walker, the company was slated to receive as much as $2.85 billion in state credits over 15 years â along with $150 million in sales tax breaks â if the company hired at least 13,000 employees and made a $10 billion capital investment in the state. Other state and local incentives bring the total to $4 billion.
Former President Donald Trump, who attended the facilityâs 2018 groundbreaking ceremony, described the Foxconn project as the âeighth wonder of the world.â
However, the Mount Pleasant project was later downsized to Generation 6, which would manufacture small screens for mobile phones, tablets, notebooks and wearable devices.