The Wall Street Journal: Wisconsin governor approves $3 billion incentive deal for Foxconn factory

Wisconsin Gov. Scott Walker signed a bill Monday that would give Taiwan’s Foxconn Technology Group $3 billion in economic incentives to open a mega-plant in the state.

The package garnered pushback from Democratic lawmakers, who said the deal was bad for taxpayers. But the Republican-controlled state legislature easily passed the bill, which was introduced in July in a White House ceremony by Walker and President Donald Trump.

Foxconn, formally known as Hon Hai Precision Industry Co. 2317, -2.63% , plans to invest $10 billion to build a 20 million square-foot campus in southeastern Wisconsin that could employ up to 13,000 workers over a period of six years.

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