Wisconsin county to lock in long-term financing for Foxconn project

CHICAGO (Reuters) - Wisconsin’s Racine County next week will lock in $110 million, 20-year financing for a major development by Taiwan’s Foxconn Technology Group that has undergone changes in scope since it was announced in 2017, the county and a bank underwriting the bonds said.

The planned $10 billion, 20-million-square-foot campus in the southeastern Wisconsin county had been hailed by the White House as the largest investment for a brand new location by a foreign-based company in U.S. history and proof that President Donald Trump was reviving American manufacturing...

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