Foxconn wants to alter the Wisconsin deal

Even as Foxconn continues to promise Wisconsin that it will, in fact, bring jobs and an LCD plant to the state in exchange for an unprecedented $4 billion in tax breaks, it may be quietly attempting to renegotiate the deal. According to a letter from Wisconsin Governor Tony Evers (via Wisconsin Public Radio), Foxconn was actually the one to first propose changing the deal back in March, and the company is apparently planning to submit “the necessary documentation” to start that process in a mere matter of weeks. “The State is identifying areas we believe will enable greater flexibility and transparency as the project continues to evolve.” Six days ago, we learned that Governor Evers was having some doubts about whether Foxconn might be... Continue reading…