More than half of Foxconn jobs expected to be with Foxconn Industrial Internet under new deal
Company can now also avoid default because of a pandemic
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An April 2021 aerial of the Foxconn project in Mount Pleasant. Credit: Curtis Waltz, aerialscapes.com
More than half of the jobs Foxconn and its related entities committed to creating in a new tax incentive deal with the state of Wisconsin are expected to be with Foxconn Industrial Internet’s U.S. subsidiary,…
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More than half of the jobs Foxconn and its related entities committed to creating in
a new tax incentive deal with the state of Wisconsin are expected to be with Foxconn Industrial Internet’s U.S. subsidiary, according to Wisconsin Economic Development Corp. records.Fii USA Inc. was added as an eligible recipient in the new contract, which also dramatically limited the tax incentives to Foxconn as the company scaled back its job and investment commitments.The original Foxconn contract offere