Foxconn qualifies, Wisconsin tax breaks for 1st time

Foxconn Technology Group has qualified for nearly $30 million in Wisconsin tax credits, marking the first time the electronics giant has secured state aid since breaking ground on its facility in the state in 2018.

Foxconn deal with Wisconsin lowers tax breaks to $80 million

Foxconn Technology Group will be eligible for just $80 million in taxpayer subsidies under a new contract signed Tuesday, down from nearly $3 billion it could have received under the original deal that envisioned a much larger project in southeastern Wisconsin.

Foxconn could still qualify for tax credits, Gov. Evers says

MADISON — Foxconn Technology Group, the world's largest electronics manufacturer, could still qualify for up to $3 billion in state tax credits in Wisconsin if it makes changes to its deal with the state to reflect current plans for a plant that's under construction, Gov.

Audit faults plans to credit Foxconn for work outside state

MADISON — Wisconsin's economic development agency needs to modify its procedures to ensure that tax credits aren't awarded for Foxconn Technology Group employees who don't perform work in the state, which would violate state law and the contract with the company, an audit released Tuesday said.It is the second year in a row that the nonpartisan Legislative Audit Bureau has raised the concern.

Foxconn plan for Wisconsin innovation centers on hold

MILWAUKEE — Foxconn Technology Group promised to make a splash in Wisconsin beyond a massive manufacturing facility in the southeast part of the state, but there's little evidence that plans to build the so-called "innovation centers" are moving forward.The Taiwan-based electronics giant announced in 2017 that it planned to invest $10 billion in Wisconsin and hire 13,000 people to build an LCD factory that could make display screens for cellphones, tablets and other devices.Foxconn officials then stated plans to construct centers in Milwaukee, Green Bay, Eau Claire, Racine and Madison.

Foxconn executive steps away from Wisconsin project

MILWAUKEE — Foxconn Technology Group says Louis Woo has stepped down as the executive who has represented the Taiwanese company in Wisconsin.Foxconn tells the Journal Times that Woo has "relinquished his project responsibilities to focus on addressing some personal matters." Foxconn wasn't specific on the personal matters or say if the change was permanent or temporary.Woo was a special assistant to Foxconn founder and former Chairman Terry Gou before Gou launched an unsuccessful campaign for president of Taiwan.

Vertical construction now underway at Foxconn complex in Mount Pleasant

MOUNT PLEASANT -- Foxconn Technology Group and its construction manager, Gilbane | Exyte, announced this week the start of vertical construction of the company’s 993,460 square-foot Gen6 Fab at the Wisconn Valley Science and Technology Park.A news release from says the start of vertical construction was marked by the installation of the first of more than 400 precast panels, weighing up to 75,000 pounds each and measuring 14 inches in thickness and up to 48 feet in height.

Foxconn leaders, Wisconsin officials meet; details unclear

MADISON — Foxconn Technology Group executives met Wednesday with Wisconsin officials but no one is saying much about what they discussed.State Assembly Speaker Robin Vos tweeted that he and Senate Majority Leader Scott Fitzgerald met with Foxconn Chairman Young Liu, Vice Chairman Jay Lee and Alan Yeung, who is the Taiwanese electronics giant's U.S. strategist.