Editorial Roundup: Wisconsin
Eau Claire Leader-Telegram. April 19, 2021.
Editorial: Wait and see right approach on Foxconn
Monday’s announcement that Gov. Tony Evers had negotiated a new deal with Foxconn wasn’t entirely a shock. The state had long expressed dissatisfaction with the company’s follow through on the original 2017 deal, and there had been strong signals it would be significantly altered.
According to Evers, the new agreement “works for everyone.” That’s an optimistic appraisal given Foxconn’s history, and one that Wisconsin can only hope is accurate.
To recap, Foxconn struck a deal worth nearly $4 billion in tax incentives with former Gov. Scott Walker in 2017. The company promised a $10 billion flat screen panel manufacturer in Mount Pleasant, and employment of as many as 13,000 people. That didn’t happen. The project was pared back until the state said Foxconn would not qualify for the incentives.