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Wisconsin Legislature Approves Foxconn Incentives

Wisconsin Legislature Approves Foxconn Incentives

September 14, 2017 03:51 PM

MADISON, Wis. (AP) - A $3 billion incentive package for Taiwan-based Foxconn Technology Group is headed to Wisconsin Gov. Scott Walker for his approval.

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The Wisconsin Assembly passed the bill Thursday on a bipartisan 64-31 vote. It cleared the Senate earlier in the week and will become law once the Republican governor signs it.

Walker says he looks forward to signing it quickly.

Walker negotiated the deal with Foxconn for it to build a flat-screen display factory in the state. Foxconn says it could invest up to $10 billion and employ 13,000 people at the facility, which would be the first of its kind outside of Asia.

Foxconn says it looks forward to making Wisconsin a "center of worldwide high-tech manufacturing."  The company says in an unsigned statement that it is thankful for the "vote of confidence" and says the $3 billion will "help us move forward with our plans to build the state-of-the-art advanced display manufacturing campus."

Foxconn says it also plans to "make use of the extensive supply chain in the state."

Four Democrats joined Republicans in voting for the bill. They are Democratic Minority Leader Peter Barca, Cory Mason, of Racine, and Tod Ohnstad, of Kenosha, and Jason Fields, of Milwaukee.

Two Republicans joined all other Democrats against it.  They are Rep. Adam Jarchow, of Balsam Lake, and Todd Novak, of Dodgeville.


WDIO

Copyright 2017 The Associated Press. All rights reserved.

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