Rep. Wachs Responds to News That Foxconn is Cutting Its Investment in Wisconsin
"Wisconsin taxpayers are left holding the bag while Foxconn rolls back its investment in our state."
EAU CLAIRE – Rep. Dana Wachs, a Democratic challenger to Gov. Scott Walker in November, responded to news released this morning in the Nikkei Asian Review that Foxconn plans to cut its investment in Wisconsin. The article released this morning notes that the change would allow Foxconn to reduce its need to do business with Wisconsin suppliers.
“Gov. Walker has been parading around the state telling Wisconsin suppliers and small businesses that his $4.5 billion gamble is going to benefit them. Instead, it appears that Foxconn is more concerned about their bottom line than in investing in Wisconsin businesses.
“Wisconsin taxpayers are left holding the bag while Foxconn rolls back its investment in our state. There’s a reason why the saying goes, ‘it’s never wise to put all your eggs in one basket.’ Too bad Gov. Walker didn’t listen.
“This is a perfect example of why we need to invest in Wisconsin businesses, not foreign mega-corporations. Wisconsinites deserve a governor who is going to invest their tax dollars wisely, not gamble them away.”
Wachs for Wisconsin
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
Read more about Foxconn Facility here
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