Bookmark and Share Email this page Email Print this page Print Pin It
Feed Feed

Feb 13, 201811:45 AMInside Wisconsin

with Tom Still

Foxconn showing all signs they’re in Wisconsin to stay

(page 2 of 2)

In Milwaukee, the Regional Talent Partnership organized through the Milwaukee 7 economic development group is trying to meet the area’s workforce attraction and retention demands — including those tied to Foxconn.

UW–Milwaukee Chancellor Mark Mone is leading that partnership, which involves other universities and technical colleges. The group includes UW–Parkside and Gateway Technical College, which is knee-deep in Foxconn workforce planning in Racine and Kenosha counties. Mone will speak at the March 19 Wisconsin Tech Summit in Waukesha, where Foxconn representatives will meet with emerging companies.

Marquette University and the Milwaukee School of Engineering are examples of colleges where Foxconn representatives have met with students and faculty; MSOE has announced plans for a gift-funded $34-million computational science and artificial science center to keep up with growing talent and R&D demands.

The city of Milwaukee is examining the possibility of expanded Amtrak service in the Milwaukee-to-Chicago rail route, in part to accommodate anticipated Foxconn workers traffic from the city to Racine County and back.

Meanwhile, reconstruction of I-94 south of Milwaukee is set to begin in earnest in 2019.

The highway will be widened from six lanes to eight from College Avenue in Milwaukee south to Highway 142 in Kenosha County. Interchanges will be rebuilt, as will frontage roads between Highway 20 and Highway KR, the stretch of interstate closest to the planned Foxconn campus.

While it’s a bittersweet experience for many farmers in the Racine town of Mount Pleasant, Foxconn is paying about five times per acre — about $50,000 — what land sold for before the company decided to build there.

Many people still have their doubts about the size of the Foxconn deal and remain concerned about environmental effects. At this point, however, those who still believe Foxconn is giving a giant head fake are only faking themselves.

Click here to sign up for the free IB ezine — your twice-weekly resource for local business news, analysis, voices, and the names you need to know. If you are not already a subscriber to In Business magazine, be sure to sign up for our monthly print edition here.

Old to new | New to old
Feb 13, 2018 08:01 pm
 Posted by  Anonymous

You know if you subsidized me with a guaranteed income Wisconsin gave Foxconn well I would be starting my small business in Wisconsin not another state- and fewer of us would be leaving. A large demographic loss the past few years according to the regional demographic figures is not just the young brain drain nor the dwindling numbers of legal Latinos but also middle age people with higher than average family incomes suggesting higher skills. (take 10 year tax filing figures and compare them the result is often negative for certain demographics) Those are the potential small entrepreneurs folks with resources and skills often critical to the economy. They don't have lobbyists so no one cares.

Feb 19, 2018 08:55 pm
 Posted by  Anonymous

Common sense for our tax dollars is lacking in this whole equation. What started as a $3B gift has now expanded to $4.5B. If FoxConn were to employ 13k workers, that equals our tax dollars subsidizing each worker about $350,000. In addition, environmental laws will be broken with an unknown amount of negative monetary and pollution damages to come. Supposedly, there is to be a 'break-even' point around year 2045 before our tax dollars can begin to come out of the red and into the black. Let's wait until year 2045 and then see if FoxConn will be here in Wisconsin to stay. Can we (Wisconsin) have the title and deed to this property in our name until 2045 since we will be paying for it?

Add your comment:
Bookmark and Share Email this page Email Print this page Print Pin It
Feed Feed
Edit Module

About This Blog

Tom Still is president of the Wisconsin Technology Council. He is the former associate editor of the Wisconsin State Journal.

Archives

Feed

Atom Feed Subscribe to the Inside Wisconsin Feed »

Recent Posts

Edit Module