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Wis Board Approves Pared-Down $80M Foxconn Tax Break

Wis Board Approves Pared-Down $80M Foxconn Tax Break
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Gov Tony Evers says Foxconn, Wisconsin on brink of new deal; WEDC to meet Tuesday to discuss project

Gov. Tony Evers says Foxconn, Wisconsin on brink of new deal; WEDC to meet Tuesday to discuss project Ricardo Torres and Molly Beck, Milwaukee Journal Sentinel © Mike De Sisti / Milwaukee Journal Sentinel The Foxconn complex in Mount Pleasant is shown on Monday, April 19, 2021. Gov. Tony Evers announced Monday that his administration and Foxconn officials have reached an agreement on new terms and that the new deal will go before the Wisconsin Economic Development Corp. board of directors for approval on Tuesday. MADISON - Wisconsin and Foxconn are on the brink of a new agreement over the tech giant s role in the Badger State, which so far has failed to live up to a $3 billion deal struck by Republicans and company officials four years ago. 

Taiwan s Foxconn to scale back manufacturing plant in Wisconsin | Taiwan News

2021/04/20 12:58 Conceptual image of Foxconn s manufacuturing plant in Wisconsin (Foxconn image) Conceptual image of Foxconn s manufacuturing plant in Wisconsin (Foxconn image) TAIPEI (Taiwan News) Foxconn Technology Group, the world s largest contract electronics maker, has agreed to scale back its manufacturing project in the U.S. state of Wisconsin and take fewer state tax credits than originally agreed upon. Along with Wisconsin Governor Tony Evers, the company announced Monday (April 19) that it has reached a new deal with state officials on its future manufacturing plant near the city of Racine. Although details have not yet been released, the deal is scheduled to be approved on Tuesday (April 20) by the Wisconsin Economic Development Corp.

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