Shilling Statement on Foxconn Fiasco
"The Walker administration and legislative Republicans failed to put in place stronger safeguards to hold Foxconn accountable and protect Wisconsin taxpayers."
MADISON, WI – Once again questions are being raised about the future of Foxconn in Wisconsin as the foreign mega-corporation rolls back its plans for a high-tech manufacturing plant and misses jobs targets. Having originally promised a massive cutting-edge Gen 10.5 factory near Racine, then announcing a smaller Gen 6 facility, Foxconn will no longer focus on LCD manufacturing according to a recent report by Reuters. Despite the scaled-back plans, millions of taxpayers dollars have already been spent subsidizing this corporate project and building infrastructure that may never be utilized.
“The Walker administration and legislative Republicans failed to put in place stronger safeguards to hold Foxconn accountable and protect Wisconsin taxpayers,” said Senate Democratic Leader Jennifer Shilling (D-La Crosse). “Their negligence has put home-grown businesses at a competitive disadvantage while committing taxpayers to decades of economic costs and liabilities for a project that continues to shrink in size and scope. At some point, Republican politicians will need to wake up and realize that these massive taxpayer handouts to foreign corporations are busting our budget and preventing Wisconsin families and businesses from getting ahead. Democrats want to increase oversight and accountability to ensure that Wisconsin communities and workers are protected.”
Foxconn’s reputation for abandoning projects and failing to deliver on thousands of promised jobs has been well documented. Development plans by Foxconn in places like Pennsylvania, Indonesia, India, Vietnam and Brazil all failed to materialize or meet promised expectations.
NOTE: This press release was submitted to Urban Milwaukee and was not written by an Urban Milwaukee writer. While it is believed to be reliable, Urban Milwaukee does not guarantee its accuracy or completeness.
More about the Foxconn Facility
- With 1,114 Employees, Foxconn Earns $9 Million in Tax Credits - Joe Schulz - Dec 13th, 2024
- 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
Read more about Foxconn Facility here
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