Original contract for a facility to build liquid crystal display panels “deals with a situation that no longer exists.”
The project, and the promise of taxpayer-funded tax credits, has drawn considerable backlash in Wisconsin.
Global market that existed when the $10 billion project was announced in 2017 has shifted.
This marks the largest industry research partnership in university history.
15 people taken to hospital.
Taiwanese firm to build US$10 billion plant; owners on needed land say offers for properties too low.
Bill is the latest in a series of proposals in Wisconsin taking aim at workers.
Ads to target military veterans and their families, young professionals, particularly those already living in nearby Midwest cities.
Closure will improve operating efficiency; integrating production into a new blue cheese plant near Minneapolis.
Proposed subsidy would be the largest ever from a US state to a foreign company.
Incentive package is the largest ever from a US state to a foreign company.
Barca was one of three Democrats to vote for a $3 billion tax incentive package for Foxconn Technology Group Aug. 17.
Opponents argued the proposal should be improved to add more protections for taxpayers, workers and the environment.
Challenged as too pricey, taking 25 years for taxpayers to break even.
Governor bill would hand the company up to $2.85 billion in tax credits, based on the number on the number of jobs generated.