State Rep. Gordon Hintz
Press Release

Rep Hintz: Statement on Approval of Revised Foxconn Contract

 

By - Apr 20th, 2021 03:42 pm

MADISON – Today, the Wisconsin Economic Development Corporation (WEDC) board of directors unanimously voted to approve a revised contract between WEDC and Foxconn. Rep. Hintz issued the following statement:

“I am very pleased there is now a more realistic agreement between the Wisconsin Economic Development Corporation and Foxconn, which right-sizes a contract that previously did not serve the best interests of Wisconsin. The revised agreement approved by the Board today will provide flexibility to allow Foxconn to adapt to an ever-changing marketplace while also increasing accountability to and reducing the cost to taxpayers.

“Our goal has always been to support the creation of good-paying jobs that will hopefully spur additional good-paying jobs, and that goal remains the same as we look ahead. I commend Governor Evers, Secretary Hughes, her team at WEDC, and everyone involved in the negotiation with Foxconn for charting a way forward that will accomplish our goal while taking steps to ensure that the people of Wisconsin are protected and their tax dollars are invested wisely.”

Mentioned in This Press Release

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