Thursday, January 31, 2019

Foxconn Scales Back Again

Foxconn already scaled back its Wisconsin plans and is about to do so 
again. US labor costs are too high. 
 
Reuters reports Foxconn Reconsidering Plans to Make LCD Panels at 
Wisconsin Plant. 
 
    Foxconn Technology Group is reconsidering plans to make advanced 
liquid crystal display panels at a $10 billion Wisconsin campus, and 
said it intends to hire mostly engineers and researchers rather than 
the manufacturing workforce the project originally promised. 
 
https://moneymaven.io/mishtalk/economics/conn-job-foxconn-wisconsin-manufacturing-cancellations-us-labor-costs-too-high-3FBnp-e820ukdlPPFU0wrA

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