Foxconn falls short of hiring goal to qualify for first round of tax credits

180628 Foxconn1

Foxconn failed to create enough jobs last year to qualify for the first round of tax credits under a nearly $3 billion package the Walker administration negotiated with the Taiwanese manufacturer to build a plant in southeastern Wisconsin.
The company could still qualify for the first year of credits under its contract if it hits future goals.
The company reported to WEDC CEO Mark Hogan Thursday that it created 178 jobs that met the requirements to qualify for tax credits included in the incentive package.
But that was 82 jobs short of the minimum 260 needed to qualify for the credits, and the...

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