Wisconsin agency leaders working on problems in Foxconn deal
MADISON, Wis. (AP) — Leaders of Gov. Scott Walker’s job creation agency have delayed a vote on a contract with Foxconn Technology Group while they deal with a problem in the language.
The Wisconsin Economic Development Corporation board met in closed session Tuesday to discuss a contract implementing a $3 billion state incentives package for a massive Foxconn flat-screen plant in Mount Pleasant. The board took no action.
The Wisconsin State Journal reports (http://bit.ly/2zjTn1o ) state Sen. Tim Carpenter, a Milwaukee Democrat who sits on the board, said the agency discovered an unspecified problem in the language. He declined to elaborate but called the issue “a nuclear bomb” that would result in a deal that doesn’t protect taxpayers.
WEDC CEO Mark Hogan says the earliest the board could vote would be at its November meeting.