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Wisconsin

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TexasTowelie

(118,571 posts)
Sun Apr 21, 2019, 06:34 AM Apr 2019

Gov. Tony Evers wants to renegotiate Foxconn deal, says company won't employ 13,000 [View all]

MADISON - Gov. Tony Evers said Wednesday he wants to renegotiate the state's contract with Foxconn Technology Group and emphasized the Taiwanese company won't be creating 13,000 jobs in Wisconsin as originally envisioned.

"Clearly the deal that was struck is no longer in play and so we will be working with individuals at Foxconn and of course with (the Wisconsin Economic Development Corp.) to figure out how a new set of parameters should be negotiated," Evers told reporters in his Capitol office.

He said it was premature to say what specific changes he would be seeking. Under existing deals, the state and local governments could provide the company up to $4 billion to establish a massive facility in Racine County and create up to 13,000 Wisconsin jobs.

"All's we know is that the present contract deals with a situation that no longer exists, so it's our goal to make sure that the taxpayers are protected and environmental standards are protected," he said. "And we believe we need to take a look at that contract and see if it needs to be downsized as a result."

Read more: https://www.jsonline.com/story/news/politics/2019/04/17/tony-evers-says-foxconn-wont-employ-13-000-wants-new-deal/3498897002/

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