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Thread: O.T. Foxconn

  1. #11
    Quote Originally Posted by Markedman View Post
    Scammed by the Governor and his cohorts?

    Seriously......

    You can either like the deal or not like it...but its not a scam.

    ps lots of assumptions and guesses there goose........
    Plus, jobs are starting at $35,000 per year, which is pretty dam good!
    March Madness starts in November

  2. #12
    Quote Originally Posted by MU/Panther View Post
    It could be up to $3 billion. That does not happen until Foxconn fills it's quota.
    And people threw a fit that the state was putting up money for an arena.
    "When March Madness spills into April.... that's the gravy!" - Homer Simpson

  3. #13
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    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.

  4. #14
    Quote Originally Posted by Jim Ganzer, "IWB" View Post
    And people threw a fit that the state was putting up money for an arena.
    As they did with the Brewers stadium was built. Wasn't Lambeau also a tough sell for Harlan? Wisconsinites are very frugal.

  5. #15
    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

  6. #16
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    Quote Originally Posted by MU/Panther View Post
    Plus, jobs are starting at $35,000 per year, which is pretty dam good!
    I didn't see anything about a starting wage. I saw the average was going to be 53k plus benefits.

  7. #17
    Quote Originally Posted by mufansince72 View Post
    I didn't see anything about a starting wage. I saw the average was going to be 53k plus benefits.
    Some are thinking the 53K includes benefits.

  8. #18
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    Quote Originally Posted by Nukem2 View Post
    Some are thinking the 53K includes benefits.
    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.

  9. #19

    Foxconn

    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

  10. #20
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    Quote Originally Posted by WarriorOMalley82 View Post
    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
    The article lost credibility in the first sentence when it said that Foxconn was a Chinese company. Even if the rest of it is partially true.

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