TUE PM Update: With new contract, Evers touts flexibility for Foxconn, ‘better deal for our state’

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-- Gov. Tony Evers today hailed a new contract with Foxconn as a "better deal for our state" as it slashes the maximum tax credits the company could earn while providing more flexibility after plans for the southeastern Wisconsin plant were dramatically scaled back.
Under the new deal, Foxconn could qualify for $80 million in state assistance if it creates 1,454 jobs and invests $672 million in its Mount Pleasant operation by Dec. 31, 2025, the guv's office said.
The original deal called for the company to receive up to $3 bill...

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