It is being called the largest development deal ever in Wisconsin. Gov. Scott Walker and Foxconn Technology Group Chairman Terry Gou signed off on a $3 billion contract for the Taiwanese company to build a massive display screen factory in Mount Pleasant.
Gov. Walker and Gou signed a contract Friday that locks the state into providing up to $3 billion in tax incentives if Foxconn invests $10 billion on a new display screen manufacturing factory and campus. The Taiwanese company would also have to hire 13,000 workers to get the full benefit. The plan is to put shovels in the ground in spring 2018.
“Welcome to Wisconn Valley!” exclaimed Gov. Scott Walker. “I’ll tell anybody, anywhere about 8K technology because it’s made in America going forward, right here proudly in the State of Wisconsin.”