MADISON, Wis. (AP) — The Latest on the deal for a planned $10 billion Foxconn manufacturing plant in Wisconsin (all times local):
Now that Wisconsin has landed a coveted Foxconn plant it will need to quickly transition to a more highly skilled workforce than the assembly lines that established the state's manufacturing legacy.
The electronics giant known for making Apple products in China Foxconn has not said what type of jobs it will offer in order to produce liquid-crystal display panels that are used in televisions and computer screens. But some of the higher-end positions could be for engineers and software developers and those jobs aren't always easy to fill.
Foxconn on Wednesday announced plans to build a $10 billion factory in southeastern Wisconsin that officials say can transform the state's economy. But lawmakers still have to seal the deal by approving a package of incentives for a company that hasn't always followed through on its plans.
Wisconsin Gov. Scott Walker says critics of the state's proposed $3 billion deal to land a $10 billion Foxconn manufacturing plant should rest easy.
Walker said in an interview Thursday on WTMJ-AM that Taiwan-based Foxconn will only get the money if it fulfills its promise to build the plant and hire up to 13,000 workers. Walker says the incentives will go down proportionately if Foxconn spends or hires less than promised.
Some Democratic critics have questioned the cost of the incentives and pointed to Foxconn's history of making big promises on investment only to not follow through.
The Wisconsin Legislature must approve the deal in a special session expected in August.
President Donald Trump announced on Wednesday that Foxconn had chosen Wisconsin to build its first U.S. plant to manufacture display screens.
President Donald Trump says that electronics giant Foxconn will build a $10 billion factory in Wisconsin that's expected to initially create 3,000 jobs. It's the largest economic development project in state history.
The announcement Wednesday comes at a critical juncture for a Trump administration that pledged to generate manufacturing jobs but has struggled to deliver results as quickly as the president promised. Trump's plans for health care and tax cuts face a murky future in Congress, while his administration is bogged down by an investigation into Russia's possible ties with his presidential campaign.