Friday, October 23, 2020

State budget office: Foxconn's facility 'may be better suited for demonstration' than as a factory

From JSOnline:

Ricardo Torres
Milwaukee Journal Sentinel







Days before the state declined to give the Foxconn Technology Group tax credits for work done in 2019, officials wrote that the Mount Pleasant facility "may be better suited for demonstration purposes rather than as a viable commercial glass fabrication facility." 

The memo casting doubt on the project states the Foxconn facility "if operational, would be the smallest Generation 6 (factory) operating anywhere in the world. It is less than one-twentieth the size of the promised Generation 10.5 project and would employ, if it ever became fully operational, only a small fraction of the local residents who WEDC expected to be employed." 

The Oct. 7 memo was first reported by The Verge and confirmed by officials at the Department of Administration. The Verge is a technology news website operated by Vox Media. 

Read more: https://www.jsonline.com/story/money/business/2020/10/21/state-foxconn-may-better-suited-demonstration-than-factory-wisconsin/3720608001/

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