[...] it would manufacture liquid crystal display screens used by computers, televisions self-driving cars, aircraft systems and other products, according to Gov. Scott Walker's administration.No exact location for the massive plant has been identified, but Foxconn is eyeing two sites in southeast Wisconsin in Kenosha and Racine counties.Wisconsin's offer to Foxconn includes up to $1.5 billion in income tax credits for job creation, $1.35 billion in income tax credits for capital investment and up to $150 million in sales tax exemptions for the purchase of construction materials.Walker said the job will include thousands of engineers and skilled workers with an average salary of $53,875.Foxconn promised in 2013, for example, to invest $30 million and hire 500 workers for a new, high-tech factory in Pennsylvania that was never built.Foxconn has struggled to meet high safety and other standards expected of consumer electronics brands while keeping costs low.Labor advocates say the company imposes excessive overtime and pressure on workers, especially when it ramps up production ahead of new iPhone launches.Republican Senate Majority Leader Scott Fitzgerald has said he hopes to pass the Foxconn bill with bipartisan support, similar to the deal two years ago that led to construction of the new Milwaukee Bucks stadium.
NYS Entity Status
NYS Filing Date
DECEMBER 31, 2013
NYS DOS ID#
NYS Entity Type
FOREIGN LIMITED LIABILITY COMPANY
2013 - ADVANTAGE ADVISERS TAX EXEMPT HIGH INCOME FUND I, LLC
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