JackFromWisconsin

Foxconn to sell Green Bay, Eau Claire properties that once intended to bring hundreds of jobs

https://midwest.social/post/2120748

Foxconn to sell Green Bay, Eau Claire properties that once intended to bring hundreds of jobs - midwest.social

Aug 16, 2023 at 12:42pmWeb
Show threadbigmonkey [they/them]Aug 16, 2023
The classic method, claim you’ll create thousands of new jobs, butter up politicians, get billions in subsidies, then cut and run!
Show threadInevitable Waffles [Ohio]Aug 16, 2023
A shame this happened. I had a bad feeling when they announced the deal all those years ago. I hope Intel doesn’t do the same to Ohio.
Show threadOldWoodFrameAug 16, 2023
How far we’ve come from the promised 13,000 jobs.
Foxconn plant, once touted by Trump as a 13,000-job juggernaut, will now create just 1,500 jobs

Foxconn is drastically scaling back a planned $10 billion factory in Wisconsin, confirming its retreat from a project that Trump called "the eighth wonder of the world."

NBC News
Show threadCurious CanidAug 16, 2023
My theory is that Foxconn is actually a real estate speculation company. Making electronics is just a cover.
Show threadInevitable Waffles [Ohio]Aug 16, 2023
Kind of like how Tesla and other Elmo companies are actually just energy subsidy scams? Given the country of origin of the company, being in real estate would make sense.
Show threaddbtonezAug 16, 2023
let's just hope Microsoft will actually turn around the Mount Pleasant facility.