Foxconn insists it’ll start building Wisconsin LCD plant this summer


Foxconn on Friday reiterated its plans to build an LCD display manufacturing plant in Wisconsin starting this summer, two days after the state’s governor said he wanted to revisit the deal.

“Foxconn remains committed to our contract,” the company said. The news, first reported by Reuters, comes after Wisconsin governor Tony Evers cast doubt on the deal that includes giving Foxconn $4 billion in tax breaks.

“Foxconn’s commitment to job creation in Wisconsin remains long term and will span over the length of the WEDC (Wisconsin Economic Development Corporation) contract and beyond,” the company said in a statement.

Foxconn’s statement comes two days after Governor Evers raised doubts about the company fulfilling its contractual obligation to create 13,000 jobs in the state. “I think at this point in time that would be an unreal expectation when they’re downsizing the footprint of what they’re doing,” said Evers at the time. “The present contract deals with a situation that no longer exists, so it’s our goal to make sure that the taxpayers are protected and environmental standards are protected,” Evers said. “And we believe we need to take a look at that contract and see if it needs to be