Sunday, January 5, 2020

More signs emerge that the pace of Foxconn's Wisconsin project is falling short of expectations

From JSOnline:

, Milwaukee Journal Sentinel

Foxconn Technology Group said in September 2018 that it planned to build the Foxconn Institute for Research in Science and Technology just southeast of the intersection of Braun Road and Highway H in Mount Pleasant, and complete the building for occupancy by January 2020. As of last week, the land remained vacant. (Photo: Rick Romell / Milwaukee Journal Sentinel)

As the village president applauds progress at the Foxconn Technology Group site in Mount Pleasant, further signs are emerging that the pace of the massive project the company promised has fallen short of original expectations.
Village President David DeGroot praised Foxconn on Monday for paying its property taxes and special assessments — a total of more than $8.4 million — ahead of schedule.
“We continue to see tremendous progress at Foxconn’s campus in the Village,” DeGroot said in a statement. “These advance payments are one more example of Foxconn’s commitment to our area and to its obligations under the local development agreement.”
But on multiple fronts beyond those that have been widely reported, Foxconn, which promised to build a projected $10 billion complex and create 13,000 Wisconsin jobs, has moved more slowly than it previously indicated it would.

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