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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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Carolyn Engel , Dave Degroot , Racine County Economic Development Corp , Performance Computing Data Center Globe , Courtesy Gateway Technical College , Foxconn Globe , Mount Pleasant Village President Dave Degroot , Brand Cheng , Foxconn Industrial Internet , High Performance Computing Data Center Globe , Greater Racine County , Racine County Economic Development ,

Page A1 | E-Edition | journaltimes.com

View the Journal Times for Saturday, June 12, 2021 ....

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What's Foxconn making in Mount Pleasant? State leaders appear just as in the dark as the public | Local News

Within three weeks, the public should know if Foxconn will (or will not) be manufacturing electric vehicles in Racine County. ....

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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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Foxconn's new deal shows how project has changed since 2017; Here are some of the major changes and points


Foxconn s new deal shows how project has changed since 2017; here are some of the major changes and points
Ricardo Torres, Milwaukee Journal Sentinel
© Mike De Sisti / Milwaukee Journal Sentinel
The glass panels are cleaned on the High-Performance Computing Data Center Globe at the Foxconn complex in Mount Pleasant 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.
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“We’ve resized the entire contract,” Missy Hughes, secretary and CEO of the Wisconsin Economic Development Corp. told reporters on Wednesday.   ....

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