Rep Hintz: Statement on Approval of Revised Foxconn Contract

By State Rep. Gordon Hintz - 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.”

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

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

Mentioned in This Press Release

People: Gordon Hintz, Missy Hughes, Tony Evers

Government: Wisconsin Economic Development Corporation

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