Gov. Walker to sign Foxconn bill Monday in Sturtevant

[TexasTowelie]

Gov. Scott Walker is scheduled to visit Sturtevant on Monday to sign a bill that provides nearly $3 billion in incentives to lure Foxconn Technology Group to build a massive manufacturing plant in Racine County.

Walker plans to sign the legislation, called the Wisconn Valley Special Session Bill, at 2:30 p.m. at Gateway Technical College.

The deal would pay up to $2.85 billion in cash to Foxconn to subsidize construction of a plant projected to cost up to $10 billion and eventually employ as many as 13,000 people. It also eases environmental rules for construction. If could be the largest incentive package for a foreign company in U.S. history.

Foxconn, based in Taiwan, plans to produce flat-panel displays used in televisions, computers and cell phones.

Read more: http://www.jsonline.com/story/news/2017/09/17/gov-walker-sign-foxconn-bill-monday-sturtevant/675059001/

[LakeVermilion]

1. There is nothing so sure as a bet on existing technology...

When the technology changes, Foxconn will pick up and find another location for the next generation of technology.

[jodymarie aimee]

3. the bldg is 11 Lambeau Fields...who the heck

is gonna take over that bldg. when they abscond....damn Rs....

[riversedge]

2. "The deal would pay up to $2.85 BILLION in cash-that is BILLION!

"