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The
Taiwanese firm Foxconn plans to built a $10 billion plant in
suotheastern Wisconsin in exchange for up to $3 billion state
incentives.(Photo: Kin Cheung, Associated Press)
"The City of Kenosha is dropping its bid
for an up to $10 billion flat screen factory, leaving Racine County as
the most likely site for a Taiwanese company's plant that could
eventually employ thousands.
"News emerged Friday that the Foxconn Technology Group is in final negotiations with officials in Racine County about locating the liquid crystal display plant there, which might eventually house up to 13,000 workers.
"The
latest news about Kenosha could strengthen the hand of Racine County
officials in their talks with the company. But the disclosure could also
complicate the efforts of both the company and local officials as they
seek to sign on holdout property owners and ensure providing a huge
tract of land for the plant.
"On Monday, Kenosha Mayor John Antaramian wrote Gov. Scott Walker
to say that his city could not pursue the project without further
changes to state law. In the letter obtained by the Journal Sentinel,
Antaramian wrote that the legislation being voted on Tuesday by the
state Senate didn't do enough to clear the way for the potential project
in Kenosha County.
"'Based
upon the current status of the legislative bill which addresses the
project, the city of Kenosha regrets that we will not be able to support
this development in our community,' Antaramian wrote. 'We wish you, the
state and Foxconn all the best in finding reasonable resolutions to all
of the issues surrounding this project.'"
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Tuesday, September 12, 2017
"Kenosha drops out of hunt for Foxconn flat screen factory"
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