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Renewed deal with Wisconsin to help business flexibility: Hon Hai

Renewed deal with Wisconsin to help business flexibility: Hon Hai
focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.

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Gov. Tony Evers says Foxconn, Wisconsin on brink of new deal; WEDC to meet Tuesday to discuss project


Gov. Tony Evers says Foxconn, Wisconsin on brink of new deal; WEDC to meet Tuesday to discuss project
Ricardo Torres and Molly Beck, Milwaukee Journal Sentinel
© Mike De Sisti / Milwaukee Journal Sentinel
The Foxconn complex in Mount Pleasant is shown 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.
MADISON - Wisconsin and Foxconn are on the brink of a new agreement over the tech giant s role in the Badger State, which so far has failed to live up to a $3 billion deal struck by Republicans and company officials four years ago.  ....

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Mount Pleasant, Racine County leaders hope new Foxconn contract will lead to progress here


MADISON — Foxconn won’t be getting $2.8 billion in state tax credits anymore.
After more than a year of negotiations, the State of Wisconsin and Foxconn Technology Group officials say they’ve reached a new agreement regarding the Taiwan-based company’s manufacturing plant near Racine that would provide Foxconn fewer state tax credits than originally agreed upon.
The embattled Foxconn project in southeastern Wisconsin has faced considerable scrutiny over the last three years for failing to meet expectations laid out in its originally 2017 agreement. State officials told the company more than a year ago it would not be eligible for tax credits under the existing contract — since the company is no longer planning a Generation 10.5 facility to make larger LCD screens as originally promised — and a new agreement would be necessary. ....

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Evers says Foxconn, Wisconsin on brink of new deal; WEDC to meet Tuesday to discuss project


Gov. Tony Evers says Foxconn, Wisconsin on brink of new deal; WEDC to meet Tuesday to discuss project
Ricardo Torres and Molly Beck, Milwaukee Journal Sentinel
© Mike De Sisti / Milwaukee Journal Sentinel
The Foxconn complex in Mount Pleasant is shown 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.
MADISON - Wisconsin and Foxconn are on the brink of a new agreement over the tech giant s role in the Badger State, which so far has failed to live up to a $3 billion deal struck by Republicans and company officials four years ago.  ....

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Foxconn Talks Continue in Wisconsin

Foxconn Talks Continue in Wisconsin
spectrumnews1.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from spectrumnews1.com Daily Mail and Mail on Sunday newspapers.

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