Local News

7-28-17 Foxconn Deal Now in Hands of State Legislature

todayJuly 28, 2017

MILWAUKEE (AP) — Wisconsin’s deal with electronics giant Foxconn requires the state Legislature to pass a $3 billion incentive package no later than Sept. 30.
Gov. Scott Walker and Foxconn CEO Terry Gou signed a memorandum of understanding Thursday at Milwaukee’s art museum.
The memorandum says Foxconn commits to investing $10 billion in Wisconsin and create 13,000 jobs over six years.
The Republican-controlled Legislature is expected to consider the tax breaks in a special session next month.

Written by: Radio Plus

Post comments (0)

Leave a reply

Your email address will not be published. Required fields are marked *