Foxconn already scaled back its Wisconsin plans and is about to do so again. US labor costs are too high. Reuters reports Foxconn Reconsidering Plans to Make LCD Panels at Wisconsin Plant. Foxconn Technology Group is reconsidering plans to make advanced liquid crystal display panels at a $10 billion Wisconsin campus, and said it intends to hire mostly engineers and researchers rather than the manufacturing workforce the project originally promised. https://moneymaven.io/mishtalk/economics/conn-job-foxconn-wisconsin-manufacturing-cancellations-us-labor-costs-too-high-3FBnp-e820ukdlPPFU0wrA
Thursday, January 31, 2019
Foxconn Scales Back Again
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