Wisconsin officials on Monday informed Taiwan-based company Foxconn, which had promised to create 13,000 jobs across the state, that it had lost the employment targets needed to get approval for the state’s tax credit for the second year in a row.
Reuters reports that Wisconsin officials told Foxconn’s representatives in a letter that the company had not hired enough employees in 2019 at its Mount Pleasant facility to qualify for the credits.
“Once Foxconn is able to provide more accurate details of the proposed project, such as its size, scope, expected capital investments and job creation, WEEDC [Wisconsin Economic Development Corporation] “The state will be able to support the project with tax incentives,” the state official wrote.
Foxconn spoke to state officials in the future, describing Wisconsin’s statement as “disappointing and surprising.”
President Trump
Donald Jon Trump, mayor of Moines, says he is concerned about the coronavirus spreading at the Trump Penny Rally. Report, Who led the factory’s initial announcement in 2017, told Foxconn that it was reconsidering plans to build the factory, then intervened and spoke personally with the company’s chairman in early 2019.
The company later announced that it would proceed as planned with the development of the facility, but it has failed to create as many jobs as originally promised.
“We are conducting an evaluation while simultaneously seeking to expand our investment in Wisconsin, moving beyond our original plans to ensure the company, our employees, the local community and the state of Wisconsin for long-term success,” the company said. At the time, asked for a tweet from Trump.
“Big news on Foxconn in Wisconsin after my conversation with Terry Gow!” The president wrote.
Big news on Foxconn in Wisconsin after my conversation with Terry Gow! https://t.co/2wtuCdl7TX
– Donald J. Trump (@RealDonaldTrump) February 1, 2019
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