Foxconn reports meeting jobs threshold for state funds, contract remains in question
Despite lingering questions surrounding Foxconn Technology Group’s contract for billions in state tax credits, the Taiwan-based company reports it created enough jobs in southeast Wisconsin last year to be eligible for state aid.

Foxconn’s jobs report — which was completed by independent, third-party professional services provider Deloitte and Touche LLP — must first be verified by the Wisconsin Economic Development Corp. before any state money is doled out. WEDC will determine how many of the jobs listed by Foxconn meet eligibility requirements laid out in the 2017 contract.

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Ken Notes: Like I said...



- - Volume: 8 - WEEK: 30 Date: 7/23/2020 1:53:48 PM -