Wisconsin advances $3bn bribe incentives package for Foxconn

www.theregister.co.uk | 8/18/2017 | Staff
Click For Photo: https://regmedia.co.uk/2016/11/03/cow_photo_via_shutterstock.jpg?x=1200&y=794

Wisconsin has moved forward a $3bn incentives package to lure manufacturing giant Foxconn to the US state.

Governor Scott Walker (R) said the gift would cement the Taiwanese goliath plans to build a $10bn manufacturing plant in Wisconsin that would be charged with assembling LCD displays. The proposed plant is set to employ about 13,000 workers, so that's, what, $230,000 a head? Foxconn rakes in billions of dollars in profit a year.

Package - State - Assembly - Vote - Senate

The package was approved in the state assembly in a 59-30 vote. It will now be advanced to the senate where, if approved, it would then be signed by Walker.

"Today’s vote in the assembly was the next big step in bringing a high-tech ecosystem to Wisconsin. I thank all the Republicans and Democrats who supported this bill and made...
(Excerpt) Read more at: www.theregister.co.uk
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