Wisconsin officials on Monday informed Foxconn, the Taiwan-based company that has pledged to create 13,000 jobs across the state, that it has missed the employment targets needed to be approved for state tax credits for the second. consecutive year.
Reuters reported that Wisconsin officials informed Foxconn representatives in a letter that the company did not hire enough full-time employees in 2019 at its Mount Pleasant facility to be eligible for the credits.
“Once Foxconn is able to provide more accurate details of the proposed project, such as its size, scope, expected capital investment and job creation, WEDC [Wisconsin Economic Development Corporation] he would be able to offer support for the project with tax incentives, “a state official wrote, according to Reuters.
Foxconn responded to the news agency, calling the Wisconsin statement “a disappointment and surprise that threaten good faith negotiations”
President TrumpDonald John Trump Des Moines Mayor Says Concerns Spread of Coronavirus at Trump Rally Democratic Judiciary Committee Writes Second Letter to DOJ About Barrett’s Revelations: “Raises More Questions To Answer” Trump Asks Campaign schedule daily events for him until the elections: report MORE, who trumpeted the factory’s initial announcement in 2017, intervened personally and spoke with the company’s president in early 2019 after Foxconn said he was rethinking plans to build the factory.
The company later announced that it would continue development of the facility as planned, but failed to create all the jobs it had originally promised.
“We embarked on the assessment while seeking to expand our investment throughout Wisconsin far beyond our original plans to ensure that the company, our workforce, the local community and the state of Wisconsin are positioned for long-term success. “the company said at the time, suggesting a tweet from Trump.
“Great news on Foxconn in Wisconsin after my conversation with Terry Gou!” wrote the president.
Great news about Foxconn in Wisconsin after my conversation with Terry Gou! https://t.co/2wtuCdl7TX
– Donald J. Trump (@realDonaldTrump) February 1, 2019