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    Economy

    Wisconsin City of Racine most likely to land Foxconn plant

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    2017-09-13 15:45Xinhua Editor: Gu Liping ECNS App Download

    The city of Kenosha in Wisconsin state says it's no longer in pursuit of landing a Foxconn plant on Tuesday, leaving Racine the most likely candidate to host Foxconn's multi-billion dollars project, according to the Milwaukee Journal Sentinel.

    On Monday, Kenosha Mayor John Antaramian wrote to state Governor Scott Walker, saying his city could not support and absorb the development of the project "without significant adjustments to specific current State laws impacting local municipalities."

    "Based upon the current status of the legislative bill which addresses the project, the city of Kenosha regrets that we will not be able to support this development in our community," Antaramian wrote in a letter seen by Xinhua reporter.

    Kenosha's absence would leave Racine County as the most likely spot for Foxconn assembly plant that is expected to employ more than 13,000 workers and bring more than 10 billion U.S. dollars of investment. Wisconsin's Legislators are voting later this week on a 2.85 billion dollars incentive package, which Foxconn will receive if it meets all requirements of bringing investment and creating jobs.

    Racine and Kenosha counties had been competing for months for the Foxconn plant. It is reported that Antaramian had pursued legislative changes aggressively in order to land the Foxconn plant, but finally gave up.

    Foxconn Technology Group is a Taiwanese multinational electronics contract manufacturing company.

      

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