All I know is I wish they would quit lying and saying the state is giving them 3 Billion. Yes, there are some credits, that will have to be paid when they actually hire the workers. However, at least half of the deal is a tax holiday. I.E. If Foxconn wasn't here, that revenue wouldn't be generated in the first place. The state is not writing them 3 billion in checks. Few articles mention any of the other economic development that this will generate. Suppliers for instance - There was news yesterday that Corning Glass may locate a plant here as well at around 1 Billion. Also, just think of the construction, not only for the plant, but for new subdivisions, restaurants, hotels, retail.
While I highly doubt the plant will end up being as big as the governor has touted, this seems like a no brainer to me.
Annoys me that the state can offer up billions to Foxconn without even a discussion, but have to go through the wringer to invest in a stadium.
"When March Madness spills into April.... that's the gravy!" - Homer Simpson
At least the initial stories said plus benefits. $53,875 plus benefits. http://www.jsonline.com/story/news/p...eet/514634001/
Last edited by mufansince72; 07-31-2017 at 05:02 PM.
Just a side note this company has a long list of saying they will build a big facility in other countries and then there is no follow thru. I hope the deal goes thru because it should help with other suppliers, but not certain it will ever happen.
https://www.extremetech.com/mobile/2...nt-hold-breath