Foxconn Won't Get Tax Subsidies After Failing to Deliver Factory and Jobs It Promised

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President Trump promised that a Foxconn manufacturing plant would create 13,000 jobs in the state of Wisconsin, even calling it the “eighth wonder of the world.” But the electronics maker never built the factory it had originally pitched to Wisconsin legislators, nor did it hire anywhere close to 13,000 people. Now,…

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Foxconn Won't Get Tax Subsidies After Failing to Deliver Factory and Jobs It Promised
President Trump promised that a Foxconn manufacturing plant would create 13,000 jobs in the state of Wisconsin, even calling it the “eighth wonder of the world.” But the electronics maker never built the factory it had originally pitched to Wisconsin legislators, nor did it hire anywhere close to 13,000 people. Now, Foxconn will not receive billions of dollars in tax subsidies after all.