Local News
Foxconn Fails to Reach Job Creation Mark
(Wisconsin Radio Network). Foxconn failed to reach its
job-creation goals last year. The company is the potential recipient of
billions of dollars in tax incentives from the state. However the Taiwanese
manufacturer fell short of its job creation quota in 2018, and thus failed to
qualify for any tax incentives. In a letter to the Wisconsin Economic
Development Corporation, Foxconn spokesman Louis Woo said the company only
managed to create 178 direct, full-time jobs at its southeast Wisconsin factory
site. That fell short of the minimum 260 full-time jobs required under the
state’s contract. Woo said Foxconn remains committed to creating 13,000 jobs at
is facility, but admitted it has adjusted its hiring and recruitment timeline.