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Foxconn deal with Wisconsin lowers tax breaks to $80 million
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Foxconn deal with Wisconsin lowers tax breaks to $80 million
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Foxconn deal with Wisconsin lowers tax breaks to $80 million
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Foxconn deal with Wisconsin lowers tax breaks to $80 million
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By Robert Kennedy
Apr 19, 2021 9:00 AM
MADISON, WI (WTAQ) – Gov. Tony Evers today, together with Foxconn Technology Group Board Member and Vice Chairman, Dr. Jay Lee, announced they have reached a new agreement and a resolution is near between the Wisconsin Economic Development Corporation (WEDC) and Foxconn regarding the company’s project in Mount Pleasant.
The WEDC Board will review the amended award in the anticipated final step of the process.
“I’ve said all along that my goal as governor would be to find an agreement that works for Wisconsin taxpayers while providing the support Foxconn needs to be successful here in our state,” said Gov. Evers.