Foxconn deal in Wisconsin hits snag over guarantees

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Wisconsin’s efforts to bring a $10 billion Foxconn plant to the state has hit a snag, though supporters of the deal said they believe it will still come together. The WEDC delayed a vote Tuesday that would have given final approval to an incentives contract with the Taiwanese firm. > Fox Business

WEDC delays vote on Foxconn contract after discovering problem

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The Wisconsin Economic Development Corp. delayed a vote on Foxconn’s incentive package until November after a problem was discovered with the deal board members were set to vote on Tuesday. Sen. Tim Carpenter (D-Milwaukee) characterized the problem as a “nuclear bomb” that would have resulted in a contract that “would not have protected taxpayers whatsoever.” > Wisconsin State Journal

Foxconn project creating interest and concern in Great Lakes Basin

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A group representing mayors from around the Great Lakes says it’s concerned about exemptions from environmental regulations being given by Wisconsin for the large Foxconn electronics factory planned for Racine County. > Wisconsin Public Radio

Foxconn: Reaching 13,000 jobs could take eight years

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Foxconn participated in a job fair at the UW-Milwaukee last week and was on campus at Marquette University Monday. But a Foxconn spokesman cautioned: “The 13,000 (jobs) will not go up quickly because it will take us four to five years to build out our campus. “It may be six, seven, eight years down the line.” > BizTimes Milwaukee

WEDC board evaluates $3 billion Foxconn deal but takes no action

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The leadership of Wisconsin’s jobs agency met late last week to consider up to $3 billion in taxpayer incentives to bring a Foxconn plant to Racine County. The WEDC board considered the Foxconn subsidies in a private session but took no action, with officials saying they are still working on the final deal. > Milwaukee Journal Sentinel

Mixed emotions in Wisconsin town that Foxconn picked for plant

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Residents of the southeastern Wisconsin town where Foxconn Technology Group plans a massive display screen plant greeted the announcement Wednesday with excitement about the possible economic boost as well as wistfulness about how it will change Mount Pleasant’s landscape. > Associated Press

Fanlund: Scott Walker — focused on his future, not yours

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When talk turned to Foxconn at the recent Cap Times Idea Fest, one Wisconsin CEO remarked: “It’s like Barnum & Bailey took over the state Capitol. In what world would you spend $3 billion to attract between 3,000 and 13,000 jobs?” The answer? Scott Walker’s world, in which politics, not the public’s long-term interest, always comes first. > Cap Times