MUKWONAGO, Wis. — The Latest on electronic giant Foxconn locating a plant in southeastern Wisconsin (all times local):
Electronics giant Foxconn could build additional facilities in Wisconsin beyond the $10 billion investment it’s already announced.
The Milwaukee Journal-Sentinel reports based on what it describes as interviews with “a half-dozen knowledgeable sources” that the electronics giant could be considering a separate investment in the state, this one in Dane County. The newspaper said no offers have been exchanged and there are no guarantees that there will be any but that developments could come in less than two months. It wasn’t clear what kind of additional facility is under consideration.
House Speaker Paul Ryan told WITI-TV in an interview Wednesday that he anticipates there will be “more than just this one location in the Racine-Kenosha area” where the company has agreed to build a massive plant to manufacture panels for flat-screen TVs.
He said the company wants to “tap into our intellectual talent in Madison and Milwaukee.”
House Speaker Paul Ryan says he touted federal job-training benefits and tax credits that make the United States competitive when Taiwan-based Foxconn was considering whether to build its first plant outside of Asia in Wisconsin.
The company announced last week that it planned to invest $10 billion in Wisconsin and employ up to 13,000 people over six years.
Ryan said Wednesday at an employee town hall in Mukwonago, Wisconsin, that the plant could serve as an employer hub for jobs lost when automobile plants in his hometown of Janesville and in Kenosha closed over the past decade.
Ryan says Foxconn officials were impressed with higher education opportunities in Wisconsin that could train potential workers for the plant that’s set to open in 2020.
A Wisconsin congressman is warning legislators to take a hard look at Foxconn’s plans to locate a plant in southeastern Wisconsin before signing off on a $3 billion incentive package.
A deal Republican Gov. Scott Walker signed with Foxconn calls for the company to invest $10 billion in Wisconsin and employ 3,000 people by 2020, with up to 13,000 workers within six years.
Democratic U.S. Rep. Mark Pocan said during a news conference Wednesday that he’s skeptical the plant will really employ 13,000 people. He said any incentive package should be based on the number of jobs actually created.
He added that people from Illinois likely will take many of the jobs and questioned how much pay employees would really receive.
Pocan also questioned if Foxconn would abandon plans for the plant if President Donald Trump doesn’t follow through on a proposal to raise tariffs on imports.
Foxconn Technology Group is not saying whether it plans to invest $30 billion in the United States as President Donald Trump claimed he was told by the company’s leader “off the record.”
Trump told a group of small business leaders on Tuesday that Foxconn CEO Terry Gou told him privately that the Taiwanese electronics manufacturer was going to invest $30 billion in the U.S. The company has signed a deal with Wisconsin for a $10 billion display panel manufacturing plant.
Foxconn reiterated in a statement Wednesday that the Wisconsin plant “will be the first of a series of facilities we will be building in several states.” It did not address Trump’s statement about the total investment. The company says it hasn’t announced its plans for other sites.
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Publish date : 2 August 2017 | 11:15 pm