(Racine) Just days after a Reuters report cast doubt on its future plans in the state, Foxconn Technology Group now says it will build a liquid crystal display manufacturing plant in Racine County. A company statement says that following talks between President Donald Trump and company CEO Terry Gou. A spokeswoman said there would be no other comment for now. The state agreed to give Foxconn about 4 billion dollars in state and local incentives if it invests 10 billion and creates 13,000 jobs in Wisconsin, under terms of a deal brokered by former Governor Scott Walker.
State Senate Leader Scott Fitzgerald issued a statement yesterday thanking President Trump for his “commitment to Wisconsin workers and bringing family-supporting careers to [the] state.” The Juneau Republican says (quote) “southeast Wisconsin and the entire state will see an influx of manufacturing jobs and billions in investment that will impact Wisconsin for generations to come.” The Taiwan-based electronics maker says it will move forward with construction of a so-called Generation 6 factory, or “fab” which typically produces screens for cell phones, tablets and small TVs.