Friday, April 1, 2022

Foxconn: It's the worst thing that happened to Wisconsin when Scott Walker was governor

 

And the competition for 'worst' is fierce!


Foxconn issued a statement Wednesday that said the company met with Oshkosh Corp. on several occasions “to build a working relationship.” 
But Foxconn indicated it wants to keep control over its Racine County buildings. 
"As it pertains to our Advanced Manufacturing Facility, the building remains a key strategic asset to the company in order to respond to market demand for Foxconn related activities or activities that involve joint venture partnerships,” the statement says.
And exactly what is it that Foxconn wants to do?
It remains unclear what the company is doing in Racine County.

Original 3/29/2022 post, "The dream and the reality", starts here.



Hoping to build a political legacy, President Donald J. Trump mused in 2018 that the expansive Wisconn Valley Science and Technology Park in Mount Pleasant would be the “Eighth Wonder of the World.” 
Area 1 of the project — while still a substantive investment for the area — is slightly more than one-third of the projected valuation of the property for what Foxconn initially proposed in 2017. 
With the Village of Mount Pleasant financing more than $700 million in infrastructure and land acquisition costs, Foxconn agreed that the tax revenue from the company’s portion of that building project would pay for those investments. This rested on the village’s ability to collect property taxes on $1.4 billion in property valuation to pay for the bond it took out. 
Instead, the multinational corporation remains the only corporation that has built on the site.

Other Foxconn posts:
2022
In an exercise in futility, former Foxconn exec blames Tony Evers for Scott Walker's barefaced political opportunism.  (3/19/2022)

2021
Foxconn goes to Lordstown.  (11/14/2021)
GET ME REWRITE: Yes, Foxconn's $100 milion pledge to UW-Madison was nothing more than a cynical election ploy by Scott Walker.  (8/11/2021)
The mysteries of Foxconn (season 2).  (5/12/2021)
The collapse of Donald Trump's '8th Wonder of the World'.  (4/20/2021)

2020
Apparently, that's not what Scott Walker heard.  (12/19/2020)
Just wondering what else in this Foxconn op-ed is off the mark.  (11/17/2020)
GET ME REWRITE: Two gullible guys from Racine County still believe anything Foxconn tells them.  (10/23/2020)

Keeping tabs on Foxconn Place in
Eau Claire
Green Bay
Madison
Milwaukee
Racine

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