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12-20-19 evers-foxconn

todayDecember 19, 2019

MADISON, Wis. (AP) — Wisconsin Gov. Tony Evers says electronics manufacturer Foxconn Technology Group could still qualify for up to $3 billion in state tax credits. But he said in an Associated Press interview Thursday that Foxconn must change its deal with the state to reflect current plans for a plant that’s under construction. Foxconn signed a contract with Wisconsin under then-Gov. Scott Walker in 2017 to earn nearly $4 billion in state and local tax incentives. President Donald Trump heralded the deal as a sign of a revitalized American manufacturing economy. Evers says he’s confident Wisconsin can reach a deal with Foxconn in the coming months.

Written by: Radio Plus

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