Wisconsin is working on a package of incentives to lure Taiwanese iPhone manufacturer Foxconn to the state as part of a deal that two state lawmakers said Thursday they believe could come as soon as the end of the month.
Wisconsin is one of several Midwest states vying for Foxconn as it considers building a $7 billion display-panel manufacturing plant that could employ up to 10,000 people. The company was expected to announce its decision by early August. Michigan passed new economic incentives last week to sweeten its deal for Foxconn.
Republican Senate Majority Leader Scott Fitzgerald told The Associated Press on Thursday that “huge, big numbers” are being talked about to help land Foxconn. And Rep. John Nygren and Sen. Luther Olsen both said the state could announce a deal by the end of the month. None of them said they knew how much in total incentives the state may ultimately offer. Read the full story here.