Wisconsin business group announces Foxconn coalition

MADISON — The state's largest business group is announcing a new coalition to help bring a Foxconn Technology Group plant to southeastern Wisconsin.Wisconsin Manufacturers and Commerce said in a news release Thursday that the Wisconn Valley Jobs Coalition includes 146 business groups, local chambers of commerce, entrepreneurs, employers and workers that support the plant.The group sent a letter to the state Senate on Thursday urging members to approve Gov.

Read it: Lawmaker reaction to passage of Foxconn incentive bill by Assembly

The Wisconsin Assembly approved a $3 billion tax break Thursday with bipartisan support for Taiwan-based Foxconn Technology Group to build a massive display panel factory in the state, a project President Donald Trump touted as a transformational win for the U.S. economy.Below is reaction from state lawmakers and others following the vote:Governor Scott Walker: “As the world’s largest electronics manufacturer, Foxconn’s $10 billion investment and 13,000 new jobs will be transformational.

Wisconsin Republicans defend Foxconn ahead of Assembly vote

MADISON -- Wisconsin Republicans say they are not moving too quickly on a bill that would extend up to $3 billion in tax breaks to Taiwan-based electronics giant Foxconn Technology Group to locate a massive $10 billion factory in the state.The state Assembly scheduled a vote on the measure Thursday, just three weeks after it was introduced.

"Ruining Wisconsin:" Madison mayor comes out against $3B Foxconn incentive bill

MADISON — Democratic Madison Mayor Paul Soglin says a $3 billion tax break bill for Foxconn Technology Group is the type of deal that is "ruining Wisconsin."Soglin issued a statement Wednesday coming out against the proposal the state Assembly is set to vote on Thursday.Soglin earlier this month called on Foxconn to consider the abandoned Oscar Meyer factory in Madison for a possible secondary location.

Senator Ron Johnson questions whether Wisconsin should bear full $3B Foxconn cost

MILWAUKEE — U.S. Senator Ron Johnson is questioning whether Wisconsin should bear the full $3 billion in financial incentives being considered to lure electronics giant Foxconn Technology Group to the state.Johnson raised the question since Illinois workers would also benefit from the plant, which is expected to be built in southeast Wisconsin near the border.Johnson made the remarks Tuesday, August 15th to the Rotary Club of Milwaukee, saying the incentives package state lawmakers are weighing is "a risk worth taking." But he says the question is "should Wisconsin be the one to bear the full three" billion since others will benefit, too.Critics of the deal have questioned whether the state should offer so much in subsidies to the Taiwan-based company.

Wisconsin Assembly committee to vote on Foxconn incentives

MADISON — The first vote on a $3 billion tax incentive package for Taiwan-based Foxconn Technology Group is planned in a state Assembly Committee.The Assembly's jobs and economy committee planned a vote Monday afternoon on the bill.

Wisconsin taxpayers would break even on Foxconn deal in 2043, state estimate shows

MADISON -- Wisconsin taxpayers wouldn’t break even on the massive Foxconn incentives package until the year 2043, according to a just-released analysis performed by the nonpartisan legislative budget analysts.The Legislative Fiscal Bureau delivered its findings to state lawmakers two days before a planned Assembly committee vote on the Foxconn bill.