deanrd
Gold Member
- May 8, 2017
- 29,411
- 3,644
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- Banned
- #21
From 13,000 workers to 5000? Yeah it seems they’re really gearing up for manufacturing. Not!Uhhh, yes it is-
Reuters reported that Foxconn was reconsidering making liquid crystal display panels at a planned $10 billion Wisconsin campus and intended to hire mostly engineers and researchers there. But after conversations between Trump and Foxconn Chairman Terry Gou, the company said it would move “forward with our planned construction of a Gen 6 fab facility,” which is a type of plant that produces displays.
From my post #14
It's not going to be manufacturing.Well, something is better than nothing. Walking away from $9.5 million isn't a good omen.
Earlier this month, Foxconn, a major supplier to Apple Inc., reiterated its intention to create 13,000 jobs in Wisconsin, but said it had slowed its pace of hiring. The company initially said it expected to employ about 5,200 people by the end of 2020; a company source said that figure now looks likely to be closer to 1,000 workers.
Currently, to qualify for the tax credits Foxconn must meet certain hiring and capital investment goals. It fell short of the employment goal in 2018 - hiring 178 full-time jobs rather than the 260 targeted - failing to earn a tax credit of up to $9.5 million.
Exclusive: Foxconn reconsidering plans to make LCD panels at Wisconsin plant | Reuters
It's going to be a science hub.
That means engineers and technicians.
They will need to be imported.
Republicans don't have that kind of talent.