Friday, November 22, 2019
US flag

New factory jobs may come to Wisconsin

It took billions in tax incentives from the state and will produce about 3,000 factory jobs to start, but the Foxconn Technology Group will bring a new manufacturing operation to southern Wisconsin, the Wall Street Journal reports. The plant will make flat-panel display screens for TVs etc.

Among other things, Foxconn, whose main operations are in China, stands as the world’s largest contract manufacturer of electronics and the maker of iPhones and other gadgets for Apple Inc. The corporation also owns Sharp, a name that appears on the TV sets of many Americans.

The plan was announced in a grand White House ceremony yesterday and seeks to employ about 13,000 people down the road. The tax incentive package, from Gov Scott Walker, Republican of Wisconsin, is expected to last about 15 years.

President Donald Trump, who has emphasized his desire to bring manufacturing jobs to the US, and his son-in-law, Jared Kushner, were reportedly involved directly in the negotiations, although no federal tax incentives were included in the package, the New York Times reported.

“TV was invented in America,” the Times quoted Terry Gou, Foxconn’s chairman, as saying at the White House ceremony, before noting that products like LCD displays and similar technology were no longer made here. “We are going to change that. It starts today in Wisconsin.”

If this factory does materialize—it is expected to cost about $10 billion to build—and Wisconsin residents actually get paychecks, I’ll be very happy. On the other hand, the tax incentives granted to Foxconn represent an opportunity cost for other state-supported programs, such as education, which can have the effect of reducing the skill level of American workers and lead to increased unemployment and growing ranks of the functionally unemployable within these shores.

Paul Katula is the executive editor of the Voxitatis Research Foundation, which publishes this blog. For more information, see the About page.

Recent posts

Girls’ volleyball champs in Illinois

We congratulate the Illinois state champions in girls' volleyball: Newark, St Teresa, Sterling, & Benet Academy.

A weekend of ‘band geeks’ across America

The musical Band Geeks was in performance at a MD high school, just as marching bands from across America named a national champion.

2 dead, 3 wounded in Calif. school shooting

Another school shooting has resulted in the death of 2 California high school students. The suspect shot himself and is in custody.

Mercury makes a transit; next in 2032

A transit of Mercury occurred today and was visible from the US, provided you had sunny skies. It was one of longest possible transits.

On the Naperville BWW racist incident

A racist incident at a Naperville, IL, sports bar indicates that the threads of racism are strong, perhaps as strong as ever.

IL bill could excuse absences to vote

A proposed law in IL could give students up to two hours during the school day so they could vote in the upcoming election.

Loan forgiveness gains some bipartisan support

One Republican from GA, who used to work under Betsy DeVos at the US Education Dept, offers a plan to forgive some student loan debt.

A band teacher is IL Teacher of the Year

IL named a band teacher the 2020 Teacher of the Year on Oct. 19. He individualizes music instruction and shares his work with 1000s.

‘Little Shop of Horrors’ bookends Halloween

Several high schools have decided to add a little spook to their musical stages in this season of Halloween. Music makes it happen.

New IL law ensures inclusion of LGBTQ+

A law will take effect next school year in IL that will require students to study LGBTQ history as part of the social studies curriculum.

MoCo doubles down on summer learning loss

Research is at least equivocal about summer learning loss, but maybe there's something to a new plan in Montgomery County, Md.