Wisconsin Senate approves the ‘Foxconn bill’

State Senator David Craig, who voted in favor of the so called Foxconn bill, said in a press release that the legislation is a package that will help bring the Foxconn Technology Group to Southeast Wisconsin, and along with it, an estimated 13’000 jobs, USD 10 billion in private investment, and USD 7 billion in annual economic impact on the Wisconsin economy. “Southeast Wisconsin will see tremendous, unprecedented economic benefits from this once-in-century investment in our state and our workforce. The economic ripple effect on local communities and the rest of the state will be massive,” said Senator Craig. The taiwanese EMS-provider would initially employ 3’000 people, but has previously stated that this number could grow to 13’000. The proposed subsidy will now head to the state Assembly for a final vote Thursday