Foxconn Promised To Create 13,000 Jobs In Wisconsin. It's Created 281.
Wochit Entertainment
2020-10-12
Views 16
In 2017, then-Governor of Wisconsin Scott Walker made great fanfare of the arrival of Apple's biggest supplier, Foxconn.
Foxconn had agreed to build a facility to manufacture large-screen TV displays and create 13,000 jobs.
In exchange, Wisconsin would offer an enticing series of tax breaks, totaling $4 billion.
Now, Business Insider reports the Wisconsin Economic Development Corporation has rejected Foxconn's application for tax subsidies.
Business Insider reports Foxconn had to have at least 520 people under employment by the end of 2019 to receive the subsidies.
Foxconn claimed to have hired 550 people, but Wisconsin says only 281 of them met the qualifications listed in the contract.
Foxconn had agreed to build a facility to manufacture large-screen TV displays and create 13,000 jobs.
In exchange, Wisconsin would offer an enticing series of tax breaks, totaling $4 billion.
Now, Business Insider reports the Wisconsin Economic Development Corporation has rejected Foxconn's application for tax subsidies.
Business Insider reports Foxconn had to have at least 520 people under employment by the end of 2019 to receive the subsidies.
Foxconn claimed to have hired 550 people, but Wisconsin says only 281 of them met the qualifications listed in the contract.
Report form
RELATED VIDEOS
