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Wisconsin Board Talks Foxconn Deal, No Vote

Contract To Set Out How $3 Billion Incentives Package Will Be Executed

By
foxconn podium
David Cole/WPR

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

The Taiwanese electronics giant wants to build a flat-screen manufacturing campus in Mount Pleasant in Racine County. Walker signed a $3 billion incentives package for the company last month.

The Wisconsin Economic Development Corporation is working on a contract with the company to execute the incentives. WEDC’s board met Tuesday morning to discuss negotiations in closed session.

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Agency CEO Mark Hogan told reporters after the meeting that the deal is complex and the earliest the board could vote would be at its Wednesday, Nov. 8 meeting.

Steven Michels, a spokesman for Walker’s Department of Administration, said before the meeting he didn’t expect the board to vote to approve any deal Tuesday.

WEDC met at the end of last month in another closed session to discuss the contract but didn’t take any action.

Editor’s Note: This story was last updated at 12:44 p.m. Tuesday, Oct. 17, 2017.

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