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FoxConn conned WI…just like Trump did with working class in MI

Electronics manufacturer Foxconn is scaling back its plans to produce LCD panels in Wisconsin, a company executive told Reuters.

“In Wisconsin we’re not building a factory. You can’t use a factory to view our Wisconsin investment,” said Louis Woo, special assistant to Foxconn CEO Terry Gou.

The planned manufacturing plant had been touted by President Trump, who made an announcement about the project at the White House in 2017 and delivered remarks at a groundbreaking ceremony for the plant last year.

Foxconn originally planned to produce LCD television screens, but Woo told Reuters that those plans could be scaled back or canceled altogether. He pointed to the high costs of making television screens in the U.S., according to Reuters.

“In terms of TV, we have no place in the U.S.,” he said. “We can’t compete.”

He told Reuters that it would be more profitable for the company to manufacture the screens in China and Japan.

Woo added that Foxconn intends to launch a “technology hub” rather than a manufacturing plant in Wisconsin. The hub would include research facilities as well as packaging and assembly operations, Woo told Reuters.

A source also told Reuters that the Foxconn project is likely to create only 1,000 jobs in Wisconsin by 2020, after the company originally said the plant would hire 5,200 people by that point.

Foxconn initially said the project would create a total of 13,000 jobs in Wisconsin, but it’s unclear when all of those workers will be hired, according to Reuters.



The blame Evers BS by Walker’s old goon squad I.E. Vos-Fitzgerald is under way

“It’s also not surprising Foxconn would rethink building a manufacturing plant in Wisconsin under the Evers Administration,” said Assembly Speaker Robin Vos, R-Rochester, and Senate Majority Leader Scott Fitzgerald, R-Juneau, in a joint statement. “The company is reacting to the wave of economic uncertainty that the new governor has brought with his administration. Governor Evers has an anti-jobs agenda and pledged to do away with a successful business incentive for manufacturing and agriculture.”

Evers has been in office no more than 3 weeks and has proposed no such idea. The fact is he approved a 31 million tax package for a local shipbuilder. He’s not anti business but the R’s need someone to blame at this point as Walkers Titanic is sinking. I’ve always had the suspicion that Foxxconed would somehow hire the 13,000 people qualify-receive all the tax breaks and then start the layoff process after that. Foxxconed would just say so sue us after the tax money is in their hands Wi can kiss 4bn good by. The local reporting has ben copying the hill article but expect more details to pop from a local paper sometime soon.


But now Amazon says they are setting up a cloud computing program at various colleges in NYC area.

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