Foxconn insists it’ll start building Wisconsin LCD plant this summer

<em>President ***** and CEO Terry Gou at the groundbreaking for the Foxconn plant in Wisconsin.</em>

Foxconn on Friday reiterated its plans to build an LCD display manufacturing plant in Wisconsin starting this summer, two days after the state’s governor said he wanted to revisit the deal.

“Foxconn remains committed to our contract,” the company said. The news, first reported by Reuters, comes after Wisconsin governor Tony Evers cast doubt on the deal that includes giving Foxconn $4 billion in tax breaks.

“Foxconn’s commitment to job creation in Wisconsin remains long term and will span over the length of the WEDC (Wisconsin Economic Development Corporation) contract and beyond,” the company said in a statement.

On Wednesday, Governor Evers raised doubts about Foxconn…

Continue reading…

from The Verge – All Posts http://bit.ly/2VVDcDs
via IFTTT