WEDC optimistic about Foxconn deal
Wisconsin Economic Development Corp. Secretary Missy Hughes said she’s optimistic about a new deal with Foxconn, but dodged on the details.

WEDC asked to work with Foxconn on a new agreement that aligns with the company’s plans for development in southeastern Wisconsin. WEDC ruled Foxconn was not eligible for $3 billion in tax credits this year after the company scrapped a plan to build a massive fabrication factory.

Ahead of a Milwaukee Press Club-WisPolitics.com virtual panel yesterday, Hughes said WEDC’s practice is not to comment on current conversations it’s having with businesses, including Foxconn. But that didn’t stop reporters from trying to get the details of the current negotiations between the agency and the tech giant....



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Ken Notes:If we can keep them here, they do have to potential of building something interesting in the State.



- - Volume: 9 - WEEK: 3 Date: 1/14/2021 10:04:34 AM -