this post was submitted on 29 Aug 2023
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Foxconn's promise to invest $10 billion in Wisconsin is now a distant memory | It's now selling two mostly empty buildings in the state. (www.engadget.com)
submitted 1 year ago by L4s@lemmy.world to c/technology@lemmy.world
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Foxconn's promise to invest $10 billion in Wisconsin is now a distant memory | It's now selling two mostly empty buildings in the state.::Foxconn is selling two buildings in Wisconsin, which have remained mostly empty since they were originally purchased for its plans to bring production to the US..

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[โ€“] Geek_King@lemmy.world 76 points 1 year ago (1 children)

I remember arguing with a co-worker about how this deal was pure crap, and even if Foxconn deliveried all the jobs they said they would, it would take 40 years to recoup the cost of the tax breaks. Scott Walker screwed over that area of the state HARD, people had land ceased/forced out, huge costly changes to the infrastructure in that area where the factory was supposed to be.

Surprise surprise, the shitty deal turned out to be a shitty deal.