Wisconsin Governor: No Tax Credits for New Foxconn Plant
MADISON, Wis. (AP) – Wisconsin Gov. Tony Evers’ top aide is warning Foxconn Technology Group that it won’t collect any state incentives for its scaled-down factory in Wisconsin if it doesn’t renegotiate the deal.
Foxconn had originally promised to build a massive flat-screen factory in Mount Pleasant that would eventually employ 13,000 people.
But the company said this spring that the factory will be smaller than originally planned.
Evers’ administration released a series of letters Friday warning Foxconn executives the new project doesn’t qualify for incentives.
Foxconn officials responded with their own letters accusing Evers of wasting their time over contract terms.