Thursday, July 20, 2017

UPDATE. The luring of Foxconn intensifies in Wisconsin


(highlights added)

Reported in Assembly Republicans embrace new Gov. Scott Walker roads plan as Foxconn enters budget talks.  (Milwaukee Journal Sentinel, 7/20/2017)


7/18/2017 update, "They might as well wear a mask and hold a gun to our heads", starts here.


Reported in Foxconn will demand staggering government incentive package to land in Wisconsin.  (Milwaukee Journal Sentinel, 7/17/2017)

The list of expectations includes:

  1. subsidies 
  2. tax breaks 
  3. job retraining promises
  4. infrastructure improvements (probably the deal-buster right here)
  5. and whatever else ya got

Einar Tangen on Twitter


Original 7/15/2017 post, "Dear Scott Fitzgerald, I can't imagine Foxconn will choose Wisconsin without a most advantageous deal", starts here.


Reported in Scott Fitzgerald: Legislation likely to help lure Foxconn; Dane County site visited.  (Madison.com, 7/14/2017)

Check out what's happening in Michigan.  They look to be ahead of Wisconsin's game.

'Good jobs' tax incentive bills headed to headed to Snyder's desk.  (Crain's Detroit Business, 7/12/2017)
Also in the running:  Wisconsin, Illinois, Indiana, Ohio, Pennsylvania, and Texas. We are essentially in an arms race, not only with our border states" but with the country and world, Rep. Jason Sheppard, a Republican from Lambertville in Monroe County, said on the House floor before voting in favor of the bills. 
"If we do not equip our state organizations with the consistent and meaningful tools to attract new industry here to create jobs, we'll always be at a disadvantage," said Sheppard, who has a background as a commercial real estate agent.

Related reading:
Why wages at Foxconn are so low.  (Forbes, 5/17/2012)
Analyzing Labor Conditions of Pegatron and Foxconn: Apple’s Low-Cost Reality.  (China Labor Watch, 2/11/2015)
It would take 2.5 years of Foxconn wages to afford $10,000 Apple Watch.  (Market Watch, 3/11/2015)
Apple Pays Chinese Workers $1.85/Hour for a 12-Hour Shift, 6 Days a Week.  (AnonHQ.com, 3/1/2016)

Related posts
While Wisconsin and Michigan duke it out for low-paying jobs, Foxconn announces $5 billion investment in India.  (7/8/2017)
Foxconn officials eyeing sites in Michigan.  (7/6/2017)
UPDATE. Foxconn becomes pawn in Wisconsin transportation funding tussle.  (7/6/2017)

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