Foxconn to disclose WI product in month 48. (Psst: it's a secret.)
For the Foxconn record, (and a broken one at that, for those who remember what a broken vinyl record sounded like...), please remember:
By the time Trump, Ryan, Walker, and Gou convened for the groundbreaking ceremony in Mount Pleasant on June 28th, 2018, Foxconn had already begun to waver. Days before, the company admitted that rather than building the Gen 10.5 Fab specified in its contract, it would instead build the smaller Gen 6, but still create 13,000 jobs.
Two months later Foxconn executive Louis Woo told the local press there was another change: rather than manufacturing jobs, 90 percent of the roles would be researchers and engineers, a number that would mean Foxconn was creating a research campus in Southeastern Wisconsin three times the size of MIT.
Foxconn announces $10 billion investment in Wisconsin and up to 13,000 jobs
Foxconn said it will announce what will be made at the Wisconsin facility by July
The New York Times reported that Foxconn's chairman and chief executive Young Liu said during a news briefing that the company is deciding between the Wisconsin facility or one of its plants in Mexico to make electric cars.
Wow. This iteration of 'Whither Wisconsin Valley' comes with added drama - like possible outsourced production and cross-border wage competition:
Liu said that the company will announce what it will make in Wisconsin before July. It could be electric cars, or something else, he said.
Might there be additional, perhaps Federal incentives in the mix? Does one level of subsidy deserve another?
As I'd written a couple of weeks ago, I'm all for electric vehicles, and if I ever buy another car it will definitely be an Electric Vehicle, (EV). But as I noted in the same piece, the EV market is already crowded with high, established vehicle manufacturers like General Motors, Ford and others in China and Germany, and transportation startups in Wisconsin have fared poorly.
So stay tuned on your flat-panel TV, made elsewhere, as it's wait until July, Bucky - though we are reminded that July hasn't exactly been Foxconn's best month:
[Updated continuously from June, 2017]
This archive with close to 400 posts has tracked, explained and provided context and commentary for Wisconsin's publicly-awarded and record-breaking environmental favors, legal privileges and $4.5 billion in state and local funds to subsidize and assist a Taiwan-based Foxconn factory in rural Racine County, Wisconsin.
And one more thing: if the Electric Vehicle factory falls through, I propose that some of the unused Foxconn land be converted into The Charlie Brown Recreation Center with regulation baseball diamonds, basketball courts and football fields, bleacher seating and a concession stand.
All home teams would be called "The Mt. Pleasant Peanuts," and there'd be regional Lucy and Linus Leagues.
Then we'd have the truth in advertising that "Wisconn Valley" never achieved.
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