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Racine County Approves Funding For Foxconn Development

Mount Pleasant Approved Local Funding For Flat Screen Plant Monday

FoxConn welcomed by Racine County
David Cole/WPR

Racine County is the latest government entity to approve funding for Foxconn and its plan to build a manufacturing campus in southeastern Wisconsin.

The county board voted unanimously Tuesday night to provide up to $764 million for the Taiwanese company’s project in Mount Pleasant. Foxconn says the $10 billion flat screen manufacturing complex could eventually employ 13,000 people.

Mount Pleasant approved the local funding Monday. The county and village contract with Foxconn includes property tax payment guarantees.

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The local funding is in addition to up to $3 billion in state incentives already approved by legislators and Gov. Scott Walker.