A local lawmaker says Foxconn's decision to scale back manufacturing operations comes at a high cost to taxpayers. The Taiwanese-based technology group received $4-billion in tax credits and promised to create 13,000 jobs building high-end TV panels in southern Wisconsin. This week, however, Foxconn announced it would instead build smaller screens and employ only a thousand workers. State Senator Dave Hansen of Green Bay was an early opponent of the tax-incentive package. He says Wisconsin taxpayers have shelled out a lot of money in direct state-aid and local tax increment financing with little to show for it.
Foxconn officials still insist the company will reach the 13,000 job goal. Those jobs will be mostly in research, development and engineering.
(Photo courtesy Foxconn.com)