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Kablooie

(18,628 posts)
Mon Sep 10, 2018, 07:16 PM Sep 2018

I just learned that Apple's Chinese partner, Foxconn, is building a new plant in Wisconsin.

Foxconn will build a US$10 billion flat screen TV manufacturing plant in southeastern Wisconsin.

Wisconsin is offering them $3 billion in tax-payer funded incentives which amounts to a payment of $1,200 from each household in Wisconsin. State taxpayers may recoup their investment in 25 years.
Foxconn will also be exempt from an environmental impact statement, water quality certification and permits for some activities on or near waterways.

It is supposed to create 13,000 jobs, but I'm sure most will be mindless, assembly line jobs.
Are there that many bottom level workers desperate for any kind of work in Wisconsin?

Foxconn has over 800,000 employees in their Chinese facilities.

https://en.wikipedia.org/wiki/Foxconn#United_States

8 replies = new reply since forum marked as read
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I just learned that Apple's Chinese partner, Foxconn, is building a new plant in Wisconsin. (Original Post) Kablooie Sep 2018 OP
My magic 8 Ball says... Brother Buzz Sep 2018 #1
massive socialist corporate welfare to our foreign commercial opponents? msongs Sep 2018 #2
Yes, it's being build in my town, Mount Pleasant WI hauckeye Sep 2018 #3
"If you build it..........." WillowTree Sep 2018 #6
Foxconn says so but rarely follows through on these things. Demsrule86 Sep 2018 #4
"...a Bad Deal for Wisconsin Taxpayers" handmade34 Sep 2018 #5
Will it come with suicide nets? n/t Vermijelli Sep 2018 #7
The biggest boondoggle EVER and it's in wanker's home state...... a kennedy Sep 2018 #8

hauckeye

(634 posts)
3. Yes, it's being build in my town, Mount Pleasant WI
Mon Sep 10, 2018, 07:30 PM
Sep 2018

Lots of infrastructure going on now, roads being widened, etc. I just wonder where the 13K workers are going to come from, as every business you see around here has "help wanted' signs. We're also concerned about the millions of gallons of water the plant will take from Lake Michigan every day for their manufacturing process.

handmade34

(22,756 posts)
5. "...a Bad Deal for Wisconsin Taxpayers"
Mon Sep 10, 2018, 07:41 PM
Sep 2018
https://www.nationalreview.com/2018/07/wisconsin-foxconn-plant-bad-deal-for-taxpayers/

the bottom line: If the jobs target of 13,000 is met, Wisconsin taxpayers will pay $219,000 per job. If only 3,000 jobs are created, they will pay $587,000 per job in the form of a $1.7 billion tax credit. And these are conservative estimates, leaving out the additional tens of millions of dollars that will go toward the infrastructure improvements necessary to accommodate Foxconn’s new plant. The ill-conceived incentives are the core of an all-around terrible arrangement. Who wins? The politicians. Who loses? Fiscal sanity and those footing the bill for political pet projects.

a kennedy

(29,655 posts)
8. The biggest boondoggle EVER and it's in wanker's home state......
Mon Sep 10, 2018, 08:15 PM
Sep 2018

and oh my, wanker is behind in the polls. People know this is the biggest waste of money.

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