TAIPEI (Reuters) – Taiwan’s Foxconn said on Friday it remains committed to its contract to build a display plant and tech research facilities in Wisconsin, days after the U.S. state’s governor said he wanted to renegotiate the deal.
Democratic Governor Tony Evers, who inherited a deal to give Foxconn $4 billion in tax breaks and other incentives when he took office in January, said on Wednesday he wanted renegotiation because the firm is not expected to reach its job creation goals for the state.
Foxconn - Wisconsin - Campus - White - House
Foxconn’s proposed 20-million-square-foot Wisconsin campus, announced at a White House ceremony in 2017, marks the largest greenfield investment by a foreign-based company in U.S. history and was praised by President Donald Trump as proof of his ability to revive American manufacturing.
Foxconn, a major...
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