Foxconn signs deal with local officials for $10 billion complex
Posted: Dec 1, 2017 11:54 AM CDT
-
2:00
Measles case confirmed in Dane County resident
-
1:43
Bigger Than Basketball: Racine students and police officers play...
-
1:47
Surveillance video catches man burglarizing Beerline Cafe
-
2:37
Milwaukee man charged in crash that killed 2 at 27th and St....
-
2:00
Retreat unites about 100 women veterans to empower and share...
-
1:59
Milwaukee Tattoo Festival kicks off at Baird Center
-
1:34
’If you can make learning fun, it sticks’: Students compete...
-
2:03
New report details reckless driving in Milwaukee increased by...
-
1:18
Students compete in Marquette’s annual ’Brewed Ideas Challenge’
-
0:44
MATC’s ’Sharing Our World’ book showcases stories from...
-
0:45
Milwaukee city leaders, students celebrate Arbor Day with tree...
-
1:38
Elite Sports Clubs serves up fun this April for National Pickleball...
MOUNT PLEASANT, Wis. (AP) — Foxconn Technology Group executives and officials from Racine County and Mount Pleasant are signing a local development agreement that seals the deal on the company's $10 billion manufacturing complex.
The county and village boards approved the development agreement earlier this week. It outlines the responsibilities for the parties involved and includes guarantees and protections for taxpayers. The agreement signing Friday morning is at Mount Pleasant Village Hall.
The Taiwanese company will construct a 32-million-square-foot flat screen and display panel manufacturing complex that could eventually employ 13,000 people east of Interstate 94. Foxconn has given Mount Pleasant $60 million for land acquisition.
Sign up for the CBS 58 Newsletter