MADISON – Contract amendments approved Tuesday by the Wisconsin Economic Development Corp. (WEDC) Board of Directors and Foxconn Technology Group significantly reduces the scope and anticipated employment levels for a manufacturing facility in Mount Pleasant. Foxconn, a Taiwanese contract manufacturer, will now be eligible to receive up to $80 million total in performance-based tax credits […]
Tag: Scott Walker
Posted inGovernment
Evers looks to renegotiate Foxconn deal
Governor Tony Evers has signaled that he wants to renegotiate the $10 billion agreement between the state and Foxconn Technology Group, according to a story by the Journal Sentinel. Evers’ announcement comes weeks after Foxconn committed to building a Gen6 LCD manufacturing plant. Originally they planned a Gen 10.5 flat-screen plant. The 3 million square-foot-building […]
Posted inCommunity
Track Santa with the NORAD Santa Tracker
Santa is getting ready for the big ride on Christmas Eve. And children all over the world will track his activity with the NORAD Santa Tracker. He’ll also have help from the Wisconsin National Guard and Wisconsin Emergency Management (WEM). The SantaTracker site tells children and parents just how close the man with the presents is from […]
Posted inDevelopment, Local news
The future of Foxconn and the WEDC hangs in the balance
Governor-elect Tony Evers plan for the Foxconn project and the Wisconsin Economic Development Corporation (WEDC) is dismaying to some. Evers said during his race that he would disband the WEDC. Governor Scott Walker has spent much time and resources to develop the project, and the WEDC was particularly influential in bringing Foxconn to Racine County. […]
Posted inBreaking, Elections
UPDATE: Tony Evers to be Wisconsin’s next governor
UPDATE: As of mid-day Wednesday, a very small margin fueled by a late count of absentee ballots from Milwaukee County may have ultimately sealed the election victory for Democrat Governor candidate Tony Evers. A Tweet from Gov. Scott Walker in 2016 bragged how he had made it more difficult to demand a vote recount in close […]
Posted inCommunity, Opinion
OPINION: Questions for our governor
How has the cumulative decline of $3.5 billion in school funding under your leadership improved public education? Why divert badly needed money to voucher schools instead? Why do you believe education should be for profit more than for the public good? Why did you try to change the University of Wisconsin mission statement to serve–and […]
Posted inBreaking, Development, Local news
Foxconn Technology Group announces downtown Racine Innovation Center
Foxconn Technology Group, an electronics manufacturer that makes LCD screens, announced that it plans to open an innovation center in downtown Racine, according to a press release sent out at 1 p.m. Officials from Foxconn made the announcement Tuesday at 1 Main Street. The plan to open an innovation center, which will partner with the community on developing […]
Posted inGovernment
News roundup for July 31
Good morning Racine County! Here is a news roundup with 5 major headlines from national, state, and local news. Northern California Wildfire Named 9th Most Destructive In State’s History, Huffington Post Trump launches attack on ‘globalist’ Koch brothers after the GOP mega-donors turn on the party, The Insider. Walker Campaign Launches 4 Regional Foxconn Ads, […]
Posted inGovernment
Filing deadline for state child tax rebate 11:59 p.m. Monday
Press release Governor Scott Walker is encouraging eligible parents to apply for a $100 per-child tax rebate before midnight. The deadline for all eligible families to apply is 11:59 p.m. Monday. “We want every eligible Wisconsin family to apply for their $100 Per- Child Tax Rebate tonight before midnight,” Walker said. “More than half-a-million families have already applied, but we […]
Posted inConstruction, Development, Local news
Historic USDOT grant supercharges Interstate 94 project
The state announced Wednesday that Wisconsin will receive $227.4 million in new federal funding for state roads and bridges in fiscal year 2018. Gov. Scott Walker labels this a “significant boost” that will be used to advance a number of transportation projects, including Interstate 94, across the entire state. The largest single segment of the […]
Posted inBreaking, Business, Government
Property owners living in wake of Foxconn told home could be condemned
Families living in the path of a proposed $10 billion Foxconn Technology Group facility have been approached by the Village of Mount Pleasant to acquire their property, and more than one family has found the process confusing and frustrating. Not only do they say they’re being see-sawed by government officials, but the Village may be […]
Posted inBusiness, Government
Senate To Take Up Foxconn Sept. 12
The Wisconsin State Senate is expected to vote Sept. 12 on a $3 billion incentive package to entice Foxconn Technology Group to build a 20 million square foot manufacturing campus in southeast Wisconsin. The Senate has made several amendments to the Assembly’s bill. Now the Assembly will need to approve the amended bill before it’s […]
Posted inBusiness
State Makes Millions Available For Small Business
With Foxconn Technology Group potentially bringing jobs to the area, the state hopes to help small businesses expand by making two state lending programs to help with expansion plans. Read about the Foxconn project. The state is making $11.1 million available to small businesses through the Wisconsin Housing and Economic Development Authority (WHEDA). Businesses in […]
Posted inBreaking
Foxconn Passage Not Certain, Some Legislators Say
A $3 billion incentive package to bring Foxconn Technology Group to Wisconsin isn’t a sure thing to pass the state Senate next week, political leaders said, and economic experts urged a close look at the possible deal. A vote on the plan is possible next week, but passage is not certain, Senate Majority Leader Scott […]
Posted inBusiness
Foxconn Signs MOU With State For $3 Billion In Incentives
Gov. Scott Walker and Foxconn Technology Group CEO Terry Gou signed a memorandum of understanding Thursday that lays the groundwork for Wisconn Valley, a massive electronics manufacturing facility to be built in southeast Wisconsin. The entire Foxconn complex will be located on at least 1,000 acres of land – or about 1.56 sq. miles, include 20 […]
