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Foxconn Paid Mount Pleasant $15 Million Make-Up Fee in 2025

Foxconn Paid Mount Pleasant $15 Million Make-Up Fee in 2025

Payment due because assessed property value fell short of promised amount.

Murphy’s Law: Will Data Centers Gobble Up Wisconsin?
Murphy’s Law

Will Data Centers Gobble Up Wisconsin?

Using massive amounts of water and electric power and creating few jobs.

Microsoft Halts Work On Future Phases of Wisconsin Data Centers

Microsoft Halts Work On Future Phases of Wisconsin Data Centers

First phase of project still 'fully on track' spokesperson says

Foxconn Acquires 20 More Acres in Mount Pleasant, But For What?

Foxconn Acquires 20 More Acres in Mount Pleasant, But For What?

'There are no pending development proposals... for these properties.'

With 1,114 Employees, Foxconn Earns $9 Million in Tax Credits

With 1,114 Employees, Foxconn Earns $9 Million in Tax Credits

Foxconn saw slower job growth in 2023 as it gets closer to maxing out $80M in available tax credits.

We Energies Will Spend $335 Million on Microsoft Development

We Energies Will Spend $335 Million on Microsoft Development

No Public Service Commission approval needed because project is on Foxconn land

Mount Pleasant Deal With Microsoft Has No Public Subsidies

Mount Pleasant Deal With Microsoft Has No Public Subsidies

And no infrastructure. And would help village pay off Foxconn TIF district.

Murphy’s Law: Foxconn Deal Is Still Costing Taxpayers
Murphy’s Law

Foxconn Deal Is Still Costing Taxpayers

6 years after deal made, nothing has been manufactured, but price tag keeps rising.

Microsoft Will Pay $50 Million For Mount Pleasant Data Center Site

Microsoft Will Pay $50 Million For Mount Pleasant Data Center Site

Some of the money will go to Foxconn.

Foxconn, We Energies Building Solar Farm at Factory Campus

Foxconn, We Energies Building Solar Farm at Factory Campus

2,000-panel installation will produce enough electricity to power 300 homes.

Eyes on Milwaukee: Commission Approves Controversial Church Apartment Plan
Eyes on Milwaukee

Commission Approves Controversial Church Apartment Plan

Heated hearing results in addition of a traffic study that city officials expect to prove negligible impact.

UW-Madison Hires Former Foxconn Executive

UW-Madison Hires Former Foxconn Executive

Alan Yeung hired despite Foxconn’s failures, including not paying promised $100 million gift to UW.

Mt. Pleasant Village Board Won’t Get Longer Terms

Mt. Pleasant Village Board Won’t Get Longer Terms

Faced with referendum, board drops proposal to increase board member term to three years.

Foxconn Rebuffed Oshkosh Defense Bid to Build Mail Trucks?

Foxconn Rebuffed Oshkosh Defense Bid to Build Mail Trucks?

Oshkosh company reportedly wanted to use Mt Pleasant campus, instead going to South Carolina.

Huge Foxconn Campus Remains A Puzzle

Huge Foxconn Campus Remains A Puzzle

Mt Pleasant officials trying to lure other manufacturers, may need state help to pay bondholders.

Mt Pleasant Attorney Pushed Board to Extend Term Lengths

Mt Pleasant Attorney Pushed Board to Extend Term Lengths

Watchdog group charges little public notice given, board faces referendum on issue.

As Foxconn Fails, Mt. Pleasant Board Extends Term Lengths

As Foxconn Fails, Mt. Pleasant Board Extends Term Lengths

Residents force referendum on whether board members should serve three, not two years.

Food-Coloring Business Will Lease Foxconn Building

Food-Coloring Business Will Lease Foxconn Building

Denmark-based company Oterra may hire 100 workers at largely empty Mount Pleasant campus.

Plats and Parcels: Officials Say Wisconsin Finished Second On $20 Billion Intel Campus
Plats and Parcels

Officials Say Wisconsin Finished Second On $20 Billion Intel Campus

Plus: Comparing the Intel and Foxconn proposals. And a recap of week's real estate news.

Back in the News: Mount Pleasant Charged For Foxconn Water Shortfall
Back in the News

Mount Pleasant Charged For Foxconn Water Shortfall

Village paid more than $1 million for 2019 and 2020, but officials say this won't continue.

Final Lawsuit Over Foxconn Eminent Domain Settled

Final Lawsuit Over Foxconn Eminent Domain Settled

Village of Mount Pleasant used eminent domain to obtain land for the development.

Questions About Foxconn Project Consultant’s $336,000 Pay

Questions About Foxconn Project Consultant’s $336,000 Pay

Mount Pleasant has paid consulting group $1.2 million, with no job description or exact work records.

Plenty of Horne: Two Developers Vie for River Hills Eder Farm Site
Plenty of Horne

Two Developers Vie for River Hills Eder Farm Site

Residents are concerned about maintaining the village's unique zoning and the specter of affordable housing.

Officials Stand By Foxconn Project Despite Murky Future

Officials Stand By Foxconn Project Despite Murky Future

The manufacturer announced it would build electric cars in Ohio last week.

Foxconn Picks Ohio Over Wisconsin

Foxconn Picks Ohio Over Wisconsin

Company will buy former GM factory to build electric vehicles.

Back in the News: Fisker Wants State Law Changed For Potential Foxconn Car Factory
Back in the News

Fisker Wants State Law Changed For Potential Foxconn Car Factory

The electric vehicle company wants to sell cars directly, as opposed to Wisconsin's franchise dealer system.

Village Paid Foxconn Project Manager Nearly $1 Million

Village Paid Foxconn Project Manager Nearly $1 Million

Private contractor billed Mount Pleasant for $973,750 and has just gotten a raise.

Murphy’s Law: The True Costs of New Foxconn Deal
Murphy’s Law

The True Costs of New Foxconn Deal

Evers new deal is a huge improvement but will still cost taxpayers $523,000 per job.

New Foxconn Deal Cuts Incentives By $2.77 Billion

New Foxconn Deal Cuts Incentives By $2.77 Billion

State will provide company up to $80 million under drastically down-scaled deal.

Lawsuit Against Foxconn Dropped

Lawsuit Against Foxconn Dropped

Plaintiffs attorney withdraws suit, due to new information discovered, while preserving right to re-file case.

Murphy’s Law: Local Costs for Foxconn Cut By 2%
Murphy’s Law

Local Costs for Foxconn Cut By 2%

Annual update by Mount Pleasant still leaves total state-local costs at $1.32 billion.

Foxconn Sued for Breach of Contract

Foxconn Sued for Breach of Contract

Real estate developer seeking nearly $400 million on behalf of taxpayers.