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Old 07-26-2017, 07:57 PM
 
Location: Tennessee/Michigan
29,019 posts, read 50,209,385 times
Reputation: 21202

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The firm will invest $10 billion in Wisconsin to build a new manufacturing plant that produces LCD panels. The project will create 13,000 new jobs and should be completed by 2020, according to Wisconsin Gov. Scott Walker.

Apple supplier Foxconn says it will build big Wisconsin factory - Jul. 26, 2017
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Old 07-27-2017, 06:20 AM
 
Location: East of the Sun
450 posts, read 415,515 times
Reputation: 594
Seems like a good thing for the area.
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Old 07-27-2017, 06:35 AM
 
1,918 posts, read 850,938 times
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Will the factories include nets to catch employees who want to go from work to death? They have been effective in China.
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Old 07-27-2017, 07:30 AM
 
5,951 posts, read 4,279,371 times
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First, Wisconsin doesn't have the necessary skilled workers to support a plant of this size. Second, with a company that relies so heavily on technology and, frankly, Apple, as a source of revenue.......this could (and likely will) go south very quickly if Apple decides to look elsewhere for a cheaper supplier. Apple is a publicly traded company beholden to their shareholders and if buying cheaper LCD panels from a firm in China/Mexico/etc. increases their bottom line you can be assured that will happen. I don't know the specifics of the tax subsidies so that might be a huge boon to the company, but with any technology company something bigger/better/cheaper could come along and essentially spell doom for a supplier like this.
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Old 07-27-2017, 06:52 PM
 
12,801 posts, read 16,509,448 times
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If it comes to fruition it will be big. Perhaps 10,000 working on construction, followed by thousands during operation. It will be a big boon to Wisconsin. Or maybe not: the State will be required to contribute $3 billion. That's a 30% subsidy. To the south, in IL, that State did not bid on it. Of course it's hard to offer a multibillion dollar incentive when you're billions behind on your bills. The IL governor hasn't had many accomplishments during his term, but he can boast he saved taxpayers billions by not pursuing Foxconn.

Last edited by pvande55; 07-27-2017 at 08:19 PM.. Reason: Add qualifier
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Old 07-27-2017, 07:20 PM
 
1,614 posts, read 1,029,941 times
Reputation: 4373
ask pennsylvania how they like their factory.
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Old 07-28-2017, 07:31 AM
 
Location: broke leftist craphole Illizuela
9,904 posts, read 14,888,173 times
Reputation: 18684
Quote:
Originally Posted by pvande55 View Post
If it comes to fruition it will be big. Perhaps 10,000 working on construction, followed by thousands during operation. It will be a big boon to Wisconsin. Or maybe not: the State will be required to contribute $3 billion. That's a 30% subsidy. To the south, in IL, that State did not bid on it. Of course it's hard to offer a multibillion dollar incentive when you're billions behind on your bills. The IL governor hasn't had many accomplishments during his term, but he can boast he saved taxpayers billions by not pursuing Foxconn.
Trust me. It would have been a lost cause anyways. No one wants to open business in Illinois if there is an alternative.
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Old 07-28-2017, 07:57 AM
 
Location: Raleigh
10,593 posts, read 8,038,381 times
Reputation: 15018
If Trump gets a handful more of these things going, you can expect another term...
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Old 07-28-2017, 10:19 AM
 
1,577 posts, read 1,689,609 times
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Quote:
Originally Posted by JONOV View Post
If Trump gets a handful more of these things going, you can expect another term...
Trump just won Wisky, again, and if he wins MI, OH, FL and PA, again.....he's won the 2020 election.
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Old 07-28-2017, 12:38 PM
 
Location: USA
6,231 posts, read 5,944,291 times
Reputation: 10685
Actually a lot of manufacturing is coming back to the US. Except that the work is done by robots/machines in a building where the lights are off. The days of the ole' drunk turn-a-bolt Bob making a middle class wage pulling a lever are never coming back.
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