Potential for additional growth `misunderstood` in Foxconn`s new deal


Potential for additional growth `misunderstood` in Foxconn`s new deal


WEC Energy Group’s Gale Klappa believes Foxconn Technology Group’s new, downsized contract with the state is misunderstood, saying the potential remains for major Foxconn development in Racine County beyond the next five years...

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Report: New Foxconn Deal Does Not Add Risk To State, Local Governments



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Ken Notes: Great observation, and we need to allow Foxconn to grow as it discovers exactly what it will be building in Wisconsin.

I will State for the thousandth time, We need a policy for all growing businesses to use TIF, Tax Credits, and access to our Tech and College Systems. This system should not require "deals or Agreements" especially those that are political in nature. I like 10% TIF for new brick and mortar with a signed development agreement, 2K tax credit per new employee over 50K for 10 years (20K total) - employment levels must remain above start number, and onsite access to job training programs. EVERY company is eligible!

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- - Volume: 9 - WEEK: 19 Date: 5/6/2021 9:37:39 AM -