Speculation Swirls over Foxconn to Wisconsin
A foreign manufacturing company, Foxconn, is rumored to be interested in building a facility in Wisconsin.
According to the Associated Press, an unnamed "person with direct knowledge of the negotiations" told the AP that, "the state is in talks with Foxconn."
Thursday, Marquette University economics professor, Abdur Chowdhury, said, "This is the biggest fish that has come to Wisconsin in... I don't know, the last 20 years, 30 years."
Chowdhury said a combination of favorable business tax laws, and taxpayer funded incentive packages have helped lure other business to Wisconsin over the last few year.
Chowdhury said that should continue as the state works to lure Foxconn. He said, "They should provide some incentives to get Foxconn, yes. Obviously there will be some cost to the taxpayers, so we have to look at the cost benefit analysis, but for getting Foxconn I think we should do whatever we can within our limited resources."
No Wisconsin or Foxconn official has announced anything about negotiations.
Tuesday, President Donald Trump fueled speclation during a stop with Governor Scott Walker at Waukesha County Technical College.
There, Trump said, "Just backstage, we were negotiating with a major, major incredible manufacturer of phones and computers and televisions and I think they're going to give the governor a very happy surprise very soon,"