Yesterday, GOP Governor Scott Walker announced another huge win for Wisconsin workers, unveiling “the single largest economic development project in the history of Wisconsin.” Foxconn Technology Group is pledging to invest $10 billion dollars in the state to build a new plant that will employ 13,000 new workers. At 20 million square feet, the plant will be “one of the largest manufacturing campuses in the nation,” standing as a testament to the revitalization of Wisconsin’s industry under Governor Walker’s determined pro-jobs leadership.
The Milwaukee Journal-Sentinel reports:
“Foxconn Technology Group on Wednesday pledged to invest $10 billion to build a display panel plant in Wisconsin that could employ up to 13,000 workers and draw up to $3 billion in subsidies from state taxpayers — a deal that could ripple through the economy and 2018 elections…
The factory project would involve a virtual village, with housing, stores and service businesses spread over at least 1,000 acres, according to interviews. That acreage, a 1.5 square-mile area the size of Shorewood, could be assembled from parcels that initially aren’t contiguous, the source said.
At 20 million square feet, the factory would be three times the size of the Pentagon, making it one of the largest manufacturing campuses in the nation. It would initially employ 3,000 workers making an average of $53,900 a year plus benefits and could eventually boast more than four times that…
Walker called the deal ‘the single largest economic development project in the history of Wisconsin’ and said it represented the most jobs ever to be plopped into an undeveloped parcel anywhere in the nation.
‘This is literally number one,’ Walker said.”