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State, Foxconn say new deal reached for southeast Wisconsin manufacturing plant with fewer tax credits
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Evers and Foxconn say theyâve reached a new agreement, but there are few details
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Last updated on April 20th, 2021 at 02:19 pm
Wisconsin Gov. Tony Evers and Foxconn Technology Group vice chairman Jay Lee said Monday that the two sides have reached a new agreement on incentives for the companyâs project in Mount Pleasant.
A statement from the governorâs office announcing the deal did not provide any details on the agreement and said the Wisconsin Economic Development Corp. board would need to meet to approve the amended contract.
A WEDC spokesman responded to a request for a copy of the new agreement by noting the agency does not comment until its board takes action on contracts.
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.
Wisconsin llega a un nuevo acuerdo sobre instalaciones reducidas
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