Foxconn plans to start construction of the manufacturing portion of its Wisconsin facility this summer and start producing flat screen displays there by the end of next year, the company announced
Wisconsin offered $4 billion in state and local tax incentives to Foxconn in 2017 to build the plant in the state. That incentive package became a major issue in the 2018 governor's race between incumbent Scott Walker, a Republican who signed off on part of that incentive package, and Tony Evers, the Democratic candidate who criticized it. Evers defeated Walker, but he has not pulled out of the package since taking office.
Construction has been underway on other buildings at the site since June 2018. At one point earlier this year, one high ranking Foxconn executive suggested that it might drop manufacturing plans at the Wisconsin site altogether and use it mostly for research and development. But President Donald Trump, who had supported bringing the plant to Wisconsin, convinced Foxconn to restore manufacturing to its plans for the site.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Analysis | Why is the 2020 race starting so early?Analysis: We are 600 days from the general election in 2020, and as of writing, there are at least a dozen serious Democratic candidates who’ve announced their presidential bids. Why?
Weiterlesen »
Overwatch League announces city-based, home-and-away matches will start in 2020The league's teams will take up homes in cities that span three continents next year, a first for an esports league.
Weiterlesen »
'Draft Beto' grassroots group in California got early start that could help 2020 candidateEven before former Rep. Beto O'Rourke announced his formal 2020 presidential run Thursday, he enjoyed political support in California, where a draft movement has included supporters throughout the state.
Weiterlesen »
Foxconn rejects Microsoft patent lawsuit, says never had to pay royaltiesTaiwan's Foxconn on Tuesday responded to a patent infringement la...
Weiterlesen »
Taiwan's Foxconn says unlikely to suffer loss from Microsoft lawsuitFoxconn does not expect to suffer any loss as a result of a lawsuit filed by Mic...
Weiterlesen »
2020 Democrats have started to clash over slavery reparations, but a new poll shows most liberals support the ideaA majority of liberals and black Americans supported reparations for descendants of slaves — a hotbed issue in the 2020 race — in an INSIDER poll.
Weiterlesen »
'For the first time' Wisconsin to host DNCThe Democratic Party on Monday picked Milwaukee, Wisconsin, to host the 2020 nominating convention to formally select its candidate for U.S. president, four years after Hillary Clinton narrowly lost the Midwestern state to Republican Donald Trump....
Weiterlesen »
Milwaukee does have a socialist past, but Democrats have other reasons to show Wisconsin some loveWe had a Milwaukee historian fact-check the GOP's claims.
Weiterlesen »