Madison- The Wisconsin State Assembly passed a special session bill Thursday evening that would pave the way for historic capital investment and job creation in the State of Wisconsin. State Representative Mary (Czaja) Felzkowski released a statement today following her vote in favor of the legislation.
In late July, Foxconn announced that it would be building a 20 million square foot liquid crystal display fabrication plant in Southeast Wisconsin, investing $10 billion and creating 13,000 direct jobs with an average annual salary of $53,000. The bill would provide incentives to Foxconn only after the company has begun building in Wisconsin and jobs are created. While the legislation streamlines the paperwork process, Foxconn would still be required to uphold environmental protections, including air and water quality standards and enhanced wetland protections with stronger mitigation.
Felzkowski commented, “Over the past few weeks, my colleagues and I worked to craft an appropriate jobs package that would incentivize Foxconn to build in Wisconsin, while also ensuring protection for the taxpayers of our great state. I am so proud to be a part of this incredible opportunity to accomplish the largest economic development project in Wisconsin history.”
According to the Metropolitan Milwaukee Association of Commerce, Foxconn will add $78 billion to Wisconsin’s gross domestic product over the 15-year term covered in the package, creating a ratio of $6.70 of private investment for every $1.00 of public outlay. At full capacity, Foxconn will employ 13,000 workers, with an additional estimated 22,000 indirect jobs all over the state.
Felzkowski continued, “When you look at the full impact that Foxconn will have, it’s statewide. Foxconn will need a supply chain to produce their product that will reach every corner of the state, even potentially attracting out-of-state businesses and workers to move here as well. Foxconn’s partnership with Wisconsin continues to confirm that this really is the best place to vacation, live, work, and raise a family.”
The bill was passed in the Assembly with bi-partisan support. It will now receive a public hearing in the Joint Committee on Finance before heading to the State Senate for a floor vote.
Representative Felzkowski represents the 35th Assembly District which includes portions of Langlade, Lincoln, Marathon, Oneida, and Shawano Counties.