Scott Cohn, for CNBC, reported; The giant Foxconn manufacturing complex planned in Wisconsin is likely to continue falling short of the threshold required to begin receiving billions of dollars in state incentives, even after production begins next year. That is according to Gov. Tony Evers, who says his administration has now gotten “clarity” from the Taiwanese electronics manufacturer on its plans — which are much less ambitious than they were originally portrayed.
“We understand what is going to be built and when it’s going to be finished — the first phase,” the governor said.
Evers spoke exclusively with CNBC in his State Capitol office in Madison on June 27, one week after paying his first visit to the construction site near Racine. The site visit was undisclosed to the public until now.
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