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Foxconn Talks Continue in Wisconsin
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Foxconn Talks Continue in Wisconsin
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KENOSHA COUNTY, Wis. We are waiting to learn details on a possible new deal involving the state of Wisconsin and Foxconn.
What You Need To Know
Foxconn was ineligible to receive tax credits from Wisconsin for work done in 2019
WEDC said Foxconn did not meet the required minimum number of full-time employees hired to work on the project
The WEDC is working with Foxconn to renegotiate
If you recall, Foxconn was ineligible to receive tax credits from Wisconsin for work done in 2019, according to the Wisconsin Economic Development Corporation.
WEDC said Foxconn did not meet the required minimum number of full-time employees hired to work on the project and the company did not follow through on its project that it described in the original contract.
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MADISON, Wis., April 9, 2021 /PRNewswire/ Cultured Decadence today announced the close of its $1.6M pre-seed financing to create the first cell-cultured lobster meat in North America. The financing follows important technical progress in the development of novel lobster cell lines and the reduction of cell-culture media costs. The company will use the funds to expand its team and continue development of cell-cultured lobster meat prototypes in preparation for a commercial launch.
John Pattison, CEO, and Ian Johnson, CSO, co-founded the company to create sustainable seafood products that have a dramatically lower environmental impact and higher nutritional quality and at a lower price point compared to current products. Increasing acidification and warming of oceans, overfishing, and a growing world population all contribute to the need for better solutions for producing high-quality seafood. Cultured Decadence s technology will utilize the