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New revolving loan fund aims to help businesses positively or negatively impacted by Foxconn

New revolving loan fund aims to help businesses positively or negatively impacted by Foxconn
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The Foxconn Globe had a ribbon cutting last week; the company was quiet about it


MOUNT PLEASANT — On June 28, 2018, there were news cameras from all over the world, then-President Donald Trump was making big predictions of jobs and economic investment, and others expressed utmost confidence that an energized economic engine was coming to southeastern Wisconsin during the groundbreaking at Foxconn’s Mount Pleasant campus.
President Donald Trump speaks at Foxconn in Mount Pleasant, Wisconsin, on June 28, 2018, calling it the Eighth Wonder of the World.
The fanfare followed Wisconsin agreeing to what could have been the biggest state government inventive package given to a private business in U.S. history under the guidance of Trump and then-Wisconsin Gov. Scott Walker. Those plans have changed drastically in the past three years, with the State of Wisconsin, now led by Gov. Tony Evers, significantly downsizing its potential tax break investment by billions, while increasing its guaranteed incentives by millions. Simultaneously, Foxconn was gi ....

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