• Foxconn mostly abandons $10 billion Wisconsin project touted by Trump

    fox3

    Taiwan electronics manufacturer Foxconn is drastically scaling back a planned $10 billion factory in Wisconsin, confirming its retreat from a project that former U.S. President Donald Trump once called “the eighth wonder of the world.”

    Under a deal with the state of Wisconsin announced on Tuesday, Foxconn will reduce its planned investment to $672 million from $10 billion and cut the number of new jobs to 1,454 from 13,000.

    https://www.reuters.com/business/foxconn-sharply-scales-back-wisconsin-investment-2021-04-20/

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