Apple's biggest supplier strikes more modest deal for Wisconsin plant

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By Shannon in Business
Updated 3 years ago

Foxconn's promised $10 billion LCD plant in Wisconsin isn't happening. At least, not on anywhere close to the same level that was promised back in the summer of 2017. The Apple contract manufacturer previously received a "record-setting incentives package" for a plant that would create 13,000 jobs. Now, the Wall Street Journal reports, Foxconn has renegotiated the deal — and will invest a total of $672 million by 2025 and create just 1,454 jobs in the region.

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