Saturday, December 9, 2023

Scott Walker's "Foxconned in Wisconsin": The jobs engine that wasn't

 
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:
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)
The collapse of Donald Trump's '8th Wonder of the World'.  (4/20)

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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