As Foxconn changes Wisconsin plans, job promises fall short
It's been 18 months since the Taiwanese electronics giant Foxconn Technology Group announced to great fanfare that it was building a $10 billion factory to make TV screens on farmland in southeastern Wisconsin.
The plan was as big as it was audacious: Fueled with billions in taxpayers subsidies, Foxconn would build a 22 million-square-foot campus, filled with 13,000 highly paid workers. In the process, it would transform the sleepy village of Mount Pleasant, Wis., into a high-tech international manufacturing hub.
But a year and a half later, a central question remains: Where are the jobs?
Foxconn had only 178 employees on board as of December, missing its first year-end hiring target of 1,040 jobs and leaving millions of dollars in incentives on the table.
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