MON PM Update: WEDC says Foxconn falls short of benchmarks for billions in tax credits
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-- Foxconn is not eligible for a multi-billion dollar tax credit this year after failing to meet the threshold for job creation and investment outlined in an agreement with the Wisconsin Economic Development Corp.
WEDC Secretary and CEO Missy Hughes in a letter today to Foxconn Vice Chairman Jay Lee said the two entities need a ne...
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