Tuesday, September 12, 2017

"Kenosha drops out of hunt for Foxconn flat screen factory"

The Taiwanese firm Foxconn plans to built a $10 billion plant in suotheastern Wisconsin in exchange for up to $3 billion state incentives.(Photo: Kin Cheung, Associated Press)

"The City of Kenosha is dropping its bid for an up to $10 billion flat screen factory, leaving Racine County as the most likely site for a Taiwanese company's plant that could   eventually employ thousands. 

"News emerged Friday that the Foxconn Technology Group is in final negotiations with officials in Racine County about locating the liquid crystal display plant there, which might eventually house up to 13,000 workers.

"The latest news about Kenosha could strengthen the hand of Racine County officials in their talks with the company. But the disclosure could also complicate the efforts of both the company and local officials as they seek to sign on holdout  property owners and ensure providing a huge tract of land for the plant. 

"On Monday, Kenosha Mayor John Antaramian wrote Gov. Scott Walker to say that his city could not pursue the project without further changes to state law. In the letter obtained by the Journal Sentinel, Antaramian wrote that the legislation being voted on Tuesday by the state Senate didn't do enough to clear the way for the potential project in Kenosha County.

"'Based upon the current status of the legislative bill which addresses the project, the city of Kenosha regrets that we will not be able to support this development in our community,' Antaramian wrote. 'We wish you, the state and Foxconn all the best in finding reasonable resolutions to all of the issues surrounding this project.'"

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