Foxconn’s Crystal Ball Looks Fuzzy
Company’s smaller footprint has business proponent Tim Sheehy lowering expectations.
Foxconn’s liquid crystal display (LCD) products are supposed to create crystal clear flat-screen TV images, but the company can’t seem to get past old, low-tech crystal balls.
While the company has several times downplayed and downsized its heavily-subsidized, sprawl-inducing Mt. Pleasant project, we now have a new, caveat-laden lowered expectation from key project backer Tim Sheehy, President of the Foxconn-boosting Metropolitan Milwaukee Chamber of Commerce:
Sheehy argues that even if the project stopped where it is now, 1,500 jobs are nothing to sneeze at, and that no one is out any money…
Asked if the smaller footprint bodes poorly for ever seeing the grandiose plans Foxconn promised, Sheehy suggested he’s taking a wait-and-see approach.
“I think it makes it more challenging to see a future of 13,000 jobs,” he conceded. “But I don’t have a good enough crystal ball to say that’s not happening.”
By the way, the 1,500 jobs number is a company 2020 prediction, down from an earlier estimate of 5,000, according to Chicago’s TV station NBC 5.
This month, the company broke ground on what it says will be a facility with a million square feet, with 1,500 people on the job by the end of 2020. But the agreement they signed with the state promised more than 5,000 jobs by that same deadline.
Look at it this way: You’re promised a once-in-a-lifetime, most-amazing-ever, ten-course meal. Then the wait staff tells you all you’re getting are chips and dip.
And actually that’s an insufficient metaphor, because people were forced off their land and out of their homes so Foxconn could do something on the site, Walker could play Big Man in [failed] partisan news conferences and campaign ads, and President Trump could play his Bigger-Man, Foxconn card in the trade war gamble he started with China.
And speaking of bad metaphors, Foxconn itself has said it doesn’t have a crystal ball that can predict when promised jobs will materialize, so Sheehy might want to come up with a more-reassuring line:
[Foxconn’s US strategic director] Alan Yeung‘s tweet from Wednesday [April 24] was in response to an article reporting on Gov. Tony Evers saying he didn’t think Foxconn would employ 13,000 people…Yeung tweeted “calm down” in response to the Evers story.
Yeung says, “Who has the crystal ball to predict if 13,000 jobs will be created by the year 2032?”
At this point, its clear the answer is no one.
James Rowen, a former journalist and mayoral staffer in Milwaukee and Madison, writes a regular blog, The Political Environment.
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
Op-Ed
-
Why Vote for MPS Funding Referendum
Mar 30th, 2024 by Nehemiah Edwards -
Wisconsin’s Very Own Rudy Giuliani Should Not Oversee Judicial Ethics
Mar 25th, 2024 by Richard Niess -
Voting at Wisconsin’s Universities Isn’t Easy
Mar 17th, 2024 by Nicole Laudolff