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U.S. NEWS Friday 21 July 2017

Wisconsin working on incentives to lure Foxconn to state

ic development officials lion Walker wanted to use week.
have repeatedly declined to cut income taxes, may “It was very clear a deal
to comment about Fox- instead be needed for in- could come as quickly as
conn, saying they can’t centives later as part of any the end of the month,”
discuss ongoing nego- deal with Foxconn. Nygren said.
tiations with potential new Nygren was optimistic that Olsen said the state could
businesses.b Nygren, who is Wisconsin would win the announce it has entered
co-chairman of the Legisla- high-stakes race to land into a memorandum of un-
ture’s budget committee, Foxconn, but he stressed derstanding with Foxconn
said incentives for Foxconn that talks were fluid and the by the end of the month.
would not be included in company could just as eas- Olsen said he wanted to
the two-year budget cur- ily choose another state. hold off on passing Wiscon-
rently being worked on He and other lawmakers sin’s overdue state budget
that’s already three weeks attended a barbecue at “until we know what’s go-
past due. But he said mon- the governor’s mansion ing on with this.”
A worker looks out through the logo at the entrance of the Fox-
conn complex in the southern Chinese city of Shenzhen. Two ey being considered for with Walker and Foxconn Adding in Foxconn incen-
Republican state lawmakers said Thursday, July 20, 2017, that tax cuts now, like $200 mil- Chairman Terry Gou last tives is a new twist.q
Wisconsin could announce it has landed a deal for Taiwanese
iPhone manufacturer Foxconn to locate in the state as soon as
the end of the month.
(AP Photo/Kin Cheung)

By SCOTT BAUER Foxconn. And Rep. John
Associated Press Nygren and Sen. Luther
MADISON, Wis. (AP) — Olsen both said the state
Wisconsin is working on could announce a deal
a package of incentives by the end of the month.
to lure Taiwanese iPhone None of them said they
manufacturer Foxconn to knew how much in total in-
the state as part of a deal centives the state may ulti-
that two state lawmakers mately offer.
said Thursday they believe “I really don’t have a lot of
could come as soon as the information and any legis-
end of the month. lator up at the Capitol that
Wisconsin is one of sev- tells you they do is not tell-
eral Midwest states vying ing the truth,” Fitzgerald
for Foxconn as it considers told WKOW-TV. Fitzgerald
building a $7 billion display said negotiations going on
panel manufacturing plant with Gov. Scott Walker’s of-
that could employ up to fice and state economic
10,000 people. The com- development officials have
pany was expected to an- been “kept very close to
nounce its decision by ear- the vest until they have
ly August. Michigan passed something.”
new economic incentives Walker downplayed talk of
to sweeten its deal for Fox- an imminent deal.
conn last week. “We don’t have a specific
Republican Senate Major- proposal on the table,”
ity Leader Scott Fitzgerald Walker told reporters. “Any-
told The Associated Press thing that’s being talked
on Thursday that “huge, about right now is purely
big numbers” are being speculative.”
talked about to help land Walker and state econom-