On Monday, Wisconsin officials informed Foxconn, a Taiwan-based company that is committed to creating 13,000 jobs in the state, that it has missed the employment targets needed to approve state tax credits for a second year in a row.
Reuters reports that Wisconsin officials have informed Foxconn officials in a letter that the company did not hire enough full-time employees in 2019 at its Mount Pleasant facility to qualify for loans.
“Once Foxconn is able to provide more precise details of the proposed project, such as its size, scope, expected capital investment and job creation, WEDC [The Wisconsin Economic Development Corporation] will be able to offer support for the project with tax incentives, “a government official wrote, according to Reuters.
Foxconn responded to the news by calling Wisconsin̵
President TrumpDonald John Trump Des Moines mayor says he worries about spread of coronavirus at Trump’s rally Judicial committee Democrats write second letter to DOJ over Barrett’s revelations: “raises more questions he answers” Trump wants campaign to plan daily events for him until the election: report MORE, who snatched the factory’s initial announcement in 2017, personally intervened and spoke with the company’s chairman in early 2019 after Foxxconn said it was rethinking its plans to build the factory.
The company later announced that it would continue to develop the facility as planned, but failed to create as many jobs as it originally promised.
“We made the assessment while striving to expand our investment in Wisconsin far beyond our initial plans to ensure that the company, the workforce, the local community and the state of Wisconsin were positioned for long-term success,” the company said. at the time, prompting a tweet from Trump: “Great news for Foxconn in Wisconsin after my conversation with Terry Gow!”
Great news for Foxconn in Wisconsin after my conversation with Terry Gow! https://t.co/2wtuCdl7TX
– Donald J. Trump (@realDonaldTrump) February 1, 2019