March 1, 2024
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Foxconn may continue to promise Wisconsin that it will, in fact, bring jobs and an LCD plant to the state in exchange for an unprecedented $4 billion in tax breaks, it may be quietly attempting to renegotiate the deal.

According to a letter from Wisconsin Governor Tony Evers via Wisconsin Public Radio, Foxconn was actually the one to first propose changing the deal back in March, and the company is apparently planning to submit “the necessary documentation” to start that process in a mere matter of weeks.

“Foxconn remains committed to our contract,” the company said on Friday as it recommitted to opening an LCD plant. “We have a solid contract,” Wisconsin Economic Development Corporation (WEDC) CEO Mark Hogan assured reporters earlier today, according to The Associated Press.

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