Sunday, December 10, 2023
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Friday, December 8, 2023
Foxconn awarded $6.3 million in tax credits for meeting jobs, capital investment goals
The company has been approved for $6.3 million in tax credits from the Wisconsin Economic Development Corp., for hiring 1,029 full-time workers and investing more than $26 million at its facilities in Racine County for work done in fiscal year 2022.
This year's credit is $2.3 million less than what the company received last year.
Since 2020 Foxconn has received a roughly $43.6 million from taxpayers, which does not include land acquisition or infrastructure upgrades on the property in Mount Pleasant. Foxconn has received more than half of the funding it agreed to under the renegotiated deal with the state in 2021 and could receive up to $80 million through 2025.
In a statement on Thursday the company said it is "committed to Wisconsin and looks forward to growing with the state, county, and village."
"Foxconn has invested over $1 billion in Wisconsin and created approximately 1,000 jobs, a 42% increase over a three-year period and comprising a fifth of our workforce in the United States," the company said. "Foxconn currently manufactures data servers and microinverters in Wisconsin, and the campus remains a strategic asset for the company to respond to market demand with speed and flexibility.”
Foxconn was notified of the credits in a letter from the WEDC in November.
If the company wants to receive the full amount of tax credits from the state next year, it will need to hire at least 134 full-time employees and maintain a minimum of 1,163 full-time employees through 2025. According to the agreement, the company's goal is to employ 1,454 workers by 2026.
More:Here's a short timeline of Foxconn's plans and development in Wisconsin
Current reality far different than when original deal was signed
In 2017, then-Gov. Scott Walker and Foxconn agreed to a $2.85 billion tax incentive package if the company met certain hiring and capital investment goals. At the time Foxconn was promised to bring 13,000 high-tech jobs to Wisconsin and create a massive large-screen LCD manufacturing facility in Mount Pleasant
But by 2021, the development changed significantly from what was talked about four years earlier.
Foxconn was not awarded any credits in the first two years of the deal.
Gov. Tony Evers and officials at the WEDC renegotiated the deal and brought the job numbers down to under 1,500 and the maximum tax credit over the course of the agreement down to $80 million.
Foxconn's physical footprint in Mount Pleasant is also shrinking.
The company agreed to give up its development options on more than 1,300 acres in Wisconsin Innovation Park that will be used by Microsoft to develop a multi-billion-dollar data center complex east and north of Foxconn's campus. Microsoft has promised to build $1.4 billion in new property value by Jan. 1, 2028.
The company began construction this fall on the first building on a 2315 acre parcel that it bought from the village for $50 million. The sale of an additional 1,030 acres is scheduled to close by the end of the month.
The Milwaukee Business Journal first reported the award of tax credits.
Thursday, December 7, 2023
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Friday, December 1, 2023
Thursday, November 30, 2023
Wednesday, November 29, 2023
Delahaye 107 Racer w/ 6.2L Gipsy Major Airplane Engine: Bizarre Start-Up Procedure & Accelerations!
I wish they showed the drive train.
Tuesday, November 28, 2023
Saturday, November 25, 2023
Rehabs prey on addicts stuck in the 'Florida Shuffle' | Vargas Reports
"Treatment" is a lie with an only 3% recovery rate. Treatment centers have bilked the government out of billions of tax dollars.
Friday, November 24, 2023
Milwaukee County Zoo arrest, FOX6 obtains all sheriff's office video | FOX6 News Milwaukee
Don't mess with angry womens.
Thursday, November 23, 2023
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Monday, November 20, 2023
Gen-Z losing more money to scams than other age groups, data shows
The dumbing down of America continues.
Kyle Vogt resigns as CEO of San Francisco robotaxi company Cruise
Experimenting on real roads with real people is criminal.
Sunday, November 19, 2023
Neo-Nazi demonstrators march in downtown Madison
A group of about 20 neo-Nazi demonstrators waved swastika flags and used the Nazi salute in downtown Madison on Saturday, Nov. 18, 2023.
From: https://www.jsonline.com/videos/news/local/wisconsin/2023/11/18/neo-nazi-demonstrators-march-in-downtown-madison/71636602007/
Friday, November 17, 2023
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Tuesday, October 3, 2023
Teacher gave Nazi salute, had students say 'Heil Hitler,' but district says didn't 'intend to cause harm'
A teacher at a Wisconsin middle school made an antisemitic gesture and remark in class, but allegedly didn't "intend to cause harm," according to an investigation by the district.
According to the local parent newsletter "Elmbrook Community Need to Know," on Sept. 21 an eighth grade math teacher from Wisconsin Hills Middle School gave the Nazi salute to her class and told the students to respond with either "Heil Hilter" or "Heil [Teacher Surname]."
After garnering media attention, the school sent a letter to all families following a similar message that was only sent to students and families directly impacted earlier in the week.
The Elmbrook school district declined further comment, but provided FOX News Digital with the letter Principal Matt Schroede sent to all families of the middle school Friday.

The Elmbrook school declined to provide further comment to Fox News Digital, but confirmed antisemitic remarks were made by providing a letter that was sent to the middle school's families this week. (iStock)
The letter acknowledged the incident occurred and said a "complete investigation" took place.
"Regrettably, one of our teachers made an antisemitic gesture and remark during class that is highly offensive to both Jewish and non-Jewish individuals, something we would not tolerate from any student or staff member at Wisconsin Hills," the letter said. "Following a complete investigation, it was our determination that the teacher did not intend to cause harm, yet it was a clear violation of our staff professional responsibilities.
The letter added that in the course of the past week, "disciplinary action and corrective measures" were implemented "including antisemitism education."
"To be clear, the behavior described above is not condoned nor does it represent the attitudes, beliefs, or behaviors of our staff members," the letter concluded. "As we do with our students, we will hold our staff to the highest standard of professionalism and respond quickly when that standard is not met."
An anonymous parent of Elmbrook schools said the incident seemed to be "part of a pattern of inappropriate behavior in staff at Elmbrook in the last few years," citing a sex survey given to students, an inappropriate link in an email signature and explicit books brought into school that didn’t follow policy guidelines.