Foxconn in Wisconsin
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@xenon said in Foxconn in Wisconsin:
Soon, the office began to fill with people who had nothing to do. Many just sat in their cubicles watching Netflix and playing games on their phones.
They get healthcare insurance, dental, vision, and 401k too?
Maybe Foxconn can organize many events to have them to charitable work for the public, like cleaning up the parks or build houses for Habitat for Humanity and such.
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Wow. Interesting story.
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Foxconn mostly abandons $10 billion Wisconsin project
https://www.cnbc.com/2021/04/21/foxconn-mostly-abandons-10-billion-wisconsin-project-touted-by-trump.htmlWhen the deal was first announced, Foxconn was supposed to invest $10 Billion and create 13,000 jobs in Wisconsin. Now the new deal requires Foxconn to invest only $672 million and create 1454 jobs. And the state is still supposed to subsidize that to the tune of $55,000 per job. That’s on top of the hundreds of $millions state and local government already spent (1) relocate residents to make space for and roads to the originally anticipated Foxconn plant and (2) build roads and other infrastructure to support the originally anticipated Foxconn plant. These are now roads to no where.
The late night talk show version:
Link to video
Fast forward to the 6:10 mark for the Foxconn-in-Wisconsin stuff. -
Biden to tout new $3.3 bln Microsoft data center at failed Foxconn site Trump backed
The Microsoft facility in Racine County, in southeastern Wisconsin, will be built on the same land where Taiwan electronics manufacturer Foxconn had planned to build a $10 billion factory that former President Donald Trump once called "the eighth wonder of the world," before Foxconn drastically scaled back its plans.
Microsoft's plans will result in 2,300 union construction jobs and around 2,000 permanent jobs over time, the White House said. It said nearly 4,000 jobs had been added in Racine since Biden took office, while about 1,000 manufacturing jobs were lost during the Trump administration.
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@George-K said in Foxconn in Wisconsin:
What Trump policy caused FoxConn to bail?
I doubt it. More like the lack of engineers and technicians, just like TSMC is facing in Arizona.