In this 2010 file photo,
a worker looks out through the logo at the entrance of
the Foxconn complex in the southern Chinese city of
Wisconsin is working on a package of incentives to lure
Taiwanese iPhone manufacturer Foxconn to the state as
part of a deal that two state lawmakers said Thursday
they believe could come as soon as the end of the
Wisconsin is one
of several Midwest states vying for Foxconn as it
considers building a $7 billion display panel
manufacturing plant that could employ up to 10,000
people. The company was expected to announce its
decision by early August. Michigan passed new economic
incentives to sweeten its deal for Foxconn last week.
Senate Majority Leader Scott Fitzgerald told The
Associated Press on Thursday that "huge, big numbers"
are being talked about to help land Foxconn, but he had
no direct knowledge of what may be offered.
"I know they're
working on a (deal) but we don't have anything yet," he
Rep. John Nygren
and Sen. Luther Olsen both said the state could announce
a deal by the end of the month, but neither of them knew
what incentives may be offered either.
to discuss details of the ongoing negotiations.
"We don't have a
specific proposal on the table," Walker told reporters.
"Anything that's being talked about right now is purely
Walker and state
economic development officials have repeatedly declined
to comment about Foxconn, saying they can't discuss
ongoing negotiations with potential new businesses.
Nygren, who is
co-chairman of the Legislature's budget committee, said
incentives for Foxconn would not be included in the
two-year budget currently being worked on that's already
three weeks past due. But he said money being considered
for tax cuts now, like $200 million Walker wanted to use
to cut income taxes, may instead be needed for
incentives later as part of any deal with Foxconn.
optimistic that Wisconsin would win the high-stakes race
to land Foxconn, but he stressed that talks were fluid
and the company could just as easily choose another
state. He and other lawmakers attended a barbecue at the
governor's mansion with Walker and Foxconn Chairman
Terry Gou last week.
"It was very
clear a deal could come as quickly as the end of the
month," Nygren said.
Olsen, who agreed
with that timeline, said he wanted to hold off on
passing Wisconsin's overdue state budget "until we know
what's going on with this." "This is something we have
to take seriously if they decide to come to Wisconsin,"
Olsen said of incentives for Foxconn. "We have to make
sure we're in fiscal shape to fulfill the obligations
that are being presented to Foxconn to come to