Foxconn Hasn’t Given 99% of UW Pledge
Company promised $100 million to UW-Madison, has given $700,000.
It was back in August 2018 that Foxconn announced it would donate $100 million to UW-Madison to fund “engineering and innovation research” at the university “while also creating the framework for a science and technology institute that will collaborate closely with the company’s facilities in southeast Wisconsin.”
Two months later, in October 2018, Foxconn held a two-day event at UW-Madison, where students, faculty and staff, and alumni, along with members of the public were invited to a showcase of “some of Foxconn’s cutting-edge global technology and innovations” with Foxconn staff on site “to share more details about the Foxconn Institute for Research in Science and Technology” to be created with the university.
But none of those many announcements were enough to win Walker’s reelection and today it’s still not clear what exactly is being manufactured at the plant in Racine, and none of those innovation centers in other cities have been created. As for the $100 million pledged to UW-Madison two years ago, the university has received less than one percent of that.
“A $700,000 sponsored research project in the College of Engineering represents Foxconn’s investment at the university, to date,” UW-Madison spokesperson John Lucas tells Urban Milwaukee.
“Although Foxconn is in the best position to explain its plans, the university understands that changes in the firm’s executive leadership, business goals and impact of the pandemic have resulted in shifting priorities,” Lucas adds. “The university will continue to engage in discussions with corporations, including Foxconn, interested in sponsored research or other educational partnerships.”
Foxconn did not respond to a request for comment from Urban Milwaukee. Nor did the company respond to the Associated Press, which was the first to report on the company’s failure to provide the promised funding.
If you think stories like this are important, become a member of Urban Milwaukee and help support real, independent journalism. Plus you get some cool added benefits.
More about the Foxconn Facility
- Mount Pleasant, Racine in Legal Battle Over Water After Foxconn Failure - Evan Casey - Sep 18th, 2024
- Biden Hails ‘Transformative’ Microsoft Project in Mount Pleasant - Sophie Bolich - May 8th, 2024
- Microsoft’s Wisconsin Data Center Now A $3.3 Billion Project - Jeramey Jannene - May 8th, 2024
- We Energies Will Spend $335 Million on Microsoft Development - Evan Casey - Mar 6th, 2024
- 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
Read more about Foxconn Facility here
Back in the News
-
Eric Hovde Has Another Bad Week
Apr 22nd, 2024 by Bruce Murphy -
Josh Kaul Investigating Fake Electors?
Apr 17th, 2024 by Bruce Murphy -
State’s 7 Richest People Worth $72 Billion
Apr 8th, 2024 by Bruce Murphy
The legacy of smoke and mirrors from our former Gov. Walker and Foxconn. What a mistake Wisconsin was pressured into!
Time to ask Scott Walker to comment on Foxconn’s broken promises.