---
title: "Exclusive: Wisconsin denies Foxconn tax subsidies after contract negotiations fail"
url: https://daily.dev/posts/exclusive-wisconsin-denies-foxconn-tax-subsidies-after-contract-negotiations-fail-emno6cmrh
source_url: https://www.theverge.com/2020/10/12/21512638/wisconsin-foxconn-tax-subsidies-lcd-factory-rejected
type: article
source: "The Verge"
published: 2020-10-12T17:08:47.324Z
updated: 2021-10-07T14:17:10.317Z
reading_time: 7
upvotes: 0
comments: 0
language: en
---

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# Exclusive: Wisconsin denies Foxconn tax subsidies after contract negotiations fail

**[The Verge](https://daily.dev/sources/verge)** · 7 min read · 0 upvotes · 0 comments

## Summary

Wisconsin rejected Foxconn’s application for tax subsidies on the grounds that the company had not carried out the Gen 10.5 LCD factory project described in its original contract. Foxconn needed to employ at least 520 people at the end of 2019 to receive subsidies and claimed to have hired 550, but WEDC estimated that only 281 would qualify.

## Full article

daily.dev links to this article rather than hosting it. Read it at the original source: <https://www.theverge.com/2020/10/12/21512638/wisconsin-foxconn-tax-subsidies-lcd-factory-rejected>

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