Foxconn is selling two buildings in Wisconsin, which have remained mostly empty since they were originally purchased for its plans to bring production to the US..
), which revealed that only three floors of the Green Bay building's six floors are in use. Meanwhile, the portion Foxconn owns in a mixed-use property in Eau Claire has reportedly remained empty for years.
Foxconn originally said that it was going to build"innovation centers" in Wisconsin, including one that will serve as an LCD factory. The project was supposed to be massive enough to strike a $2.85 billion tax credit deal with the local government. At the time the project was announced, then President Donald Trump said that if he didn't get elected, Foxconn"wouldn't be spending $10 billion" on manufacturing in the US.
This is a great property downtown. Hoping this potential transfer in ownership will lead to better utilization of a fantastic waterfront building.
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Foxconn puts its empty buildings in Wisconsin up for saleFoxconn says selling the buildings will “add to the vibrancy” of Green Bay’s downtown, which is a great way of saying they’ve been empty for years.
Read more »
Foxconn Selling Two Empty Wisconsin Buildings After Failed Promises to Bring Jobs to the StateThe manufacturing project became infamous when former President Trump broke ground at the site and red flags became immediately apparent.
Read more »
From Paper Checks to $10 Billion: SoundExchange Celebrates 20 Years of Royalty PaymentsSoundExchange’s president/CEO on hitting a royalty payment milestone on the organization’s 20th anniversary.
Read more »
A popular performing arts center's merrily ‘Mad' plan: $10 ticketsIt’s almost time for “Monday Madness” at The Wallis in Beverly Hills.
Read more »
Foxconn founder Terry Gou announces run for Taiwan presidencyGou has spent the past few weeks touring Taiwan and holding campaign-like rallies, fueling speculation he was planning to run as an independent.
Read more »