Headline: Biz Times, 12/8/2023
A verification form submitted to the Wisconsin Economic Development Corp. shows that the electronics manufacturer invested $26.6 million in its Wisconsin facilities last year and employed 1,029 people. Out of those 1,029 positions, 261 were newly created jobs.
Out of the newly approved $6.3 million in tax credits, $4.1 million was earned from Foxconn’s total job creation and $2.2 million was earned from the company’s total capital expenditures in 2022.
Foxconn has been awarded $43.7 million dollars in tax credits from the state since the company began receiving the credits at the end of 2020. Last year, the manufacturer earned $8.5 million worth of state tax credits.
Other Foxconned in Wisconsin posts:
2023
The diversification effort that went bust. (11/13/2023)
Foxconned in Wisconsin: Trump's 8th Wonder of the World. (11/9)
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)
The mysteries of Foxconn (season 2). (5/12)
2020
GET ME REWRITE: Two gullible guys from Racine County still believe anything Foxconn tells them. (10/23)
Keeping tabs on Foxconn Place in
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