Let's thank ex-WI Gov. Scott Walker for dreaming up and running with the ridiculous but paradoxically-prescient "Wisconn Valley" label (emphasis added) he attached to the record-shattering Foxconn debacle he directed as a failed re-election Hail Mary to a plowed-under prime Racine County farmland site -
- and I'm further grateful Monday for this detailed and strongly-reported fresh summation of the debacle from The Verge -
Interviews with 19 employees and dozens of others involved with the project, as well as thousands of pages of public documents, reveal a project that has defaulted on almost every promise. The building Foxconn calls an LCD factory — about 1/20th the size of the original plan — is little more than an empty shell. In September, Foxconn received a permit to change its intended use from manufacturing to storage.
- I am adding to the hundreds of postings in my 40-month-long archive "A Foxconn Fever Primer."