Wisconsin lawmakers vote to pay Foxconn $3 billion to get new factoryars_ab.settitle(1149263);

Wisconsin lawmakers vote to pay Foxconn $3 billion to get new factoryars_ab.settitle(1149263);

7 years ago
Anonymous $Gu9VYqcl-R

https://arstechnica.com/tech-policy/2017/08/wisconsin-lawmakers-vote-to-pay-foxconn-3-billion-to-get-new-factory/

The Wisconsin Assembly voted 59-30 on Thursday to approve a bill to give incentives worth $3 billion to Taiwan-based Foxconn so that the company would open its first US plant in the state.

Foxconn, best known for supplying parts of Apple's iPhones, will open the $10 billion liquid-crystal display plant in 2020, according to Reuters. The bill still has to be approved by a joint finance committee and the state Senate.