|August 22, 2017|
|Contact: Steven Michels, (608) 267-7874|
|Sturtevant – Department of Administration Secretary Scott Neitzel appeared before the Joint Committee on Finance in Sturtevant to discuss Foxconn’s transformational investment into the State of Wisconsin. Secretary Neitzel was joined by representatives from the Department of Natural Resources, Department of Revenue, Department of Transportation, Department of Workforce Development, and Wisconsin Economic Development Corporation to explain the value of this historic Wisconsin investment.
“We are pleased to take this opportunity to share with members of the Joint Committee on Finance the historic impact of bringing a new industry to the United States,” Secretary Neitzel said. “We’ve said from the beginning that Foxconn’s investment in Wisconsin would be transformational and the latest report projects this as well. With an estimated return of nearly $4 for every $1 in state subsidy, we are proud to say that these electronics will be made in America, right here in Wisconsin.”
A copy of the testimony can be found here.