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Foxconn May Drop Plan to Produce LCD Panels at Wisconsin Plant

HeadlineJan 31, 2019

Taiwanese electronics manufacturer Foxconn is reconsidering its plan to build flat screen TV panels at a Wisconsin plant, in the latest blow to local workers who were told the electronics giant would create 13,000 jobs. Former Wisconsin Governor Scott Walker, who was defeated in the November midterm elections, offered Foxconn $4 billion in state and local tax credits. Reuters is reporting that an assistant to Foxconn’s CEO said the facility will focus on research and development, rather than manufacturing, which was originally expected to be the main source of new jobs. Trump was a vocal backer of the Foxconn project, saying the plant would be the “eighth wonder of the world.”

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