WEDC delays vote on Foxconn contract after discovering problem


WEDC delays vote on Foxconn contract after discovering problem


The Wisconsin Economic Development Corp. delayed a vote on a nearly $3 billion incentive package for Taiwanese manufacturer Foxconn until November after an unspecified problem was discovered with the deal board members were set to vote on Tuesday...

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Ken Notes: Getting this right will be huge... I hope the development agreement and tax deals are public documents... At this point WEDC CEO Mark Hogan is saying the right things I want to see this in the dirt, but want to make sure the numbers work.

If the project derails I hope our immediate response is a global set of incentives available to all new and growing companies providing jobs in Wisconsin. Offer the programs to Amazon so it gets national attention with the proviso that the same terms are available to ANY Company coming to Wisconsin!

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- - Volume: 5 - WEEK: 42 Date: 10/19/2017 2:50:06 PM -