Foxconn Nears New Deal With State Of Wisconsin wwisradio.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wwisradio.com Daily Mail and Mail on Sunday newspapers.
Foxconn reaching agreement on new deal with WEDC on reduced tax credits
Foxconn is said to be nearing agreement on a deal with the Wisconsin Economic Development Corporation.
Foxconn is apparently willing to accept a reduction in tax credits “in exchange for a flexible business environment in Wisconsin.”
The Milwaukee Journal Sentinel and Wisconsin State Journal report state officials have been pushing Foxconn to make changes to the contract which reflect the company’s construction of a smaller facility near Mount Pleasant.
Foxconn wants the agreement to give it the flexibility to react to customer demands and market conditions, saying they dictate what the company manufactures at times.
Amendment to Foxconn s contract could come with reduced tax credits chippewa.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chippewa.com Daily Mail and Mail on Sunday newspapers.
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DETROIT – Fiat Chrysler CEO Mike Manley will run operations in the Americas when his company merges with France s PSA Peugeot early next year.
FCA Chairman John Elkann announced Manley s new post Friday in a letter to employees. Manley s role in the merged company had been a mystery.
PSA CEO Carlos Tavares will run the overall company, to be named Stellantis. Shareholders of both companies will vote on the merger Jan. 4 to seal the deal creating the world s fourth-largest automaker. The merger is expected to be completed by the end of March.
Foxconn, Wisconsin closer to new deal
Several groups to be part of rural internet project leadertelegram.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from leadertelegram.com Daily Mail and Mail on Sunday newspapers.