Wisconsin Governor Dismisses Criticisms of Foxconn Deal

Flood damage in Kenosha County

Billionaire Terry Gou, chairman of Foxconn Technology Group, right, listens as Scott Walker, governor of Wisconsin, speaks during an event in the East Room of the White House in Washington, D.C., U.S., on Wednesday, July 26, 2017. Other states vying for the plant were Michigan, Illinois, Indiana, Ohio, Pennsylvania and Texas. Trump's plans for health care and tax cuts face a murky future in Congress, while his administration is bogged down by an investigation into Russia's possible ties with his presidential campaign.

Walker also highlighted the efforts of local lawmakers and White House Chief of Staff Reince Priebus, who reportedly told President Donald Trump about the need for it in southeastern Wisconsin when Trump visited Kenosha last spring. Trump was quoted saying that, if he didn't get elected, Gou would not have invested $10 billion in the upcoming project. "So we want to start early, we want to look at all the opportunities whether it's in manufacturing, construction, IT, transportation, healthcare, finance and accounting there's just a whole abundance of high demand areas that we have across the state", said Walker.

Following his stop in La Crosse, Governor Walker called for a special session next week to help get a $3 billion incentive package passed to help spur the deal.

The average salary for the jobs will be almost $54,000, suggesting some of the higher-end positions will be engineers, software developers and people proficient in computer-assisted design, Still said.

The Wisconsin factory, scheduled to be open by 2020, would be massive. The campus will cover up to 1,000 acres.

According to media reports, Trump is expected to announce that Foxconn, one of the largest electronics manufacturers in the world, will be adding a new plant in Wisconsin, adding as many as 10,000 employees.

So, in all the excitement, did Walker go too far in stating how many jobs are coming?


Blank called Foxconn's decision to locate a plant in Wisconsin a "major leap forward for our state's economy", and Cross said he feels the UW System and the state are ready for the company.

The two companies will also focus on workforce development and training for IIoT solutions as Foxconn (hopefully) increases its USA presence. In 2013, Foxconn said it would invest $30 million and hire 500 workers for a new factory in Pennsylvania.

It would include up to $1.5 billion in state income tax credits for jobs created, up to $1.35 billion in credits for capital investment and up to $150 million in sales tax exemptions on construction materials.

Walker said he would convene a special session of the Wisconsin Legislature to address the Foxconn incentive package.

"My main message was: There is a world-class university in Madison, Wisconsin", Blank told the Wisconsin State Journal, recounting her informal talks with Foxconn officials.

Not all Foxconn investments announced have resulted in new jobs.

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