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WEDC Discusses Foxconn Deal, Takes No Action

Agency Spokesman: No Firm Contract Deadline, Agency Wants To Get It Right

Foxconn sign
Kin Cheung/AP Photo

Gov. Scott Walker’s job creation agency met behind closed doors to discuss a contract with Foxconn Technology Group but didn’t take any action.

The company wants to build a flat-screen plant in southeastern Wisconsin. The Legislature passed a $3 billion incentives package for the plant this month. The Wisconsin Economic Development Corp. is now working with Foxconn on a contract.

WEDC spokesman Mark Maley says agency CEO Mark Hogan updated WEDC’s board on negotiations during a closed meeting Thursday in Wauwatosa but the board didn’t vote to accept any terms.

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Maley declined to comment on the negotiations. The agency had hoped to complete the contract by the end of September, but Maley said there’s no firm deadline and WEDC officials want to get it right.

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