Governor Walker, Foxconn Founder and CEO Terry Gou Sign Memorandum of Understanding in Milwaukee
A copy of the MOU is attached.
MILWAUKEE – Governor Scott Walker and Foxconn Founder and CEO Terry Gou today signed a Memorandum of Understanding (MOU) at the Milwaukee Art Museum. The MOU was also signed by Wisconsin Economic Development Corporation CEO Mark Hogan and Special Assistant to the Chairman and CEO of Foxconn Louis K. Woo.
From the MOU:
The parties agree that a long-term mutually beneficial relationship should be established to implement a transformational and sustainable high-tech manufacturing and technology ecosystem in Wisconsin. For the first phase of this historic relationship, the parties agree to as follows…
A copy of the MOU is attached.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. It has not been verified for its accuracy or completeness.
More about the Foxconn Facility
- Foxconn Will Get State Subsidy For 2022 - Joe Schulz - Dec 11th, 2023
- Mount Pleasant Approves Microsoft Deal on Foxconn Land - Evan Casey - Nov 28th, 2023
- Mount Pleasant Deal With Microsoft Has No Public Subsidies - Evan Casey - Nov 14th, 2023
- Microsoft, State Announce Massive Data Center Expansion, Land Purchase - Joe Schulz - Nov 11th, 2023
- Gov. Evers Announces Microsoft Makes Major Investment in Wisconsin - Gov. Tony Evers - Nov 10th, 2023
- State Can’t Regulate We Energies $100 Million Project for Microsoft - Joe Schulz - Sep 20th, 2023
- Foxconn Selling Green Bay, Eau Claire ‘Centers’ - Joe Schulz - Aug 16th, 2023
- Murphy’s Law: Foxconn Deal Is Still Costing Taxpayers - Bruce Murphy - Jul 6th, 2023
- Microsoft Will Pay $50 Million For Mount Pleasant Data Center Site - Evan Casey - Apr 20th, 2023
- Microsoft Data Center Proposed for Foxconn Land - Evan Casey - Mar 29th, 2023
Read more about Foxconn Facility here
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Congratulations, Governor Walker, to you and your team. It was nice to see Mr. Gou acknowledge your efforts in doing the quick-turnaround weekend trip and how that reflected favorably on our state. It’s great to have a Governor so focused on moving the state forward!
Nope. This giveaway to FoxConn is very expensive. The good part: it creates jobs. The bad part: If Walker was primarily interested in creating jobs, he could have done that years ago for less and more families would have had bread and butter before now. It takes work to understand how these large scale deals come about, who benefits, and what the downside will be. On top of that, FoxConn, while it may be hugely successful, has one of the worst human rights records of any tech company.
Here’s an article which gives some idea of the problems with being the high bidder for Foxconn: https://www.theguardian.com/technology/2017/jul/29/foxconn-china-apple-wisconsin-trump?utm_source=esp&utm_medium=Email&utm_campaign=GU+Today+USA+-+Collections+2017&utm_term=237168&subid=20927658&CMP=GT_US_collection
There is quite a bit of information online which backs up the criticism here. Feel free to dig in.