With Impala Asset Management saying it will try and place two directors at Harley-Davidson Inc, America’s oldest and best-known motorcycle maker is facing a battle with one of its investors. Impala Asset Management, run by Robert Bishop, which owns 1.9… Read More ›
Wisconsin
Have sufficient production capacity outside of China to meet Apple’s U.S. demand: Foxconn
Realigning of supply chain outside of China is important for companies looking to escape the U.S.-China trade war. In a significant development Foxconn, the world’s largest contract electronics assembler, disclosed it has enough producing capacity outside of China to meet… Read More ›
Wisconsin’s Governor Scott Walker to incentive package for Foxconn’s LCD plant in the state on Friday
Despite drawing flak for Foxconn’s LCD plant in the state, the Governor of the state of Wisconsin has given the green signal for the project which would initially provide direct employ to 3,000 people and ultimately to 13,000 people at… Read More ›
Foxconn’s proposed LCD Display plant at Wisconsin gets approved by Wisconsin’s State Assembly
The overwhelming approval by Wisconsin’s State Assembly is despite financial concerns raised by the state’s Legislative Audit Bureau. On Thursday, the Republican-controlled Wisconsin State Assembly has voted 59-30 to approve a bill that paves the way for a $3 billion… Read More ›
Weak oversight surrounds Wisconsin-Foxconn LCD Screen plant deal: Legislative Audit Bureau
Given Foxconn’s global track record in job creation and the systemic deficiencies in the Wisconsin Economic Development Corporation’s working, Foxconn’s LCD screen manufacturing plant in Wisconsin has significant challenges ahead. Going by audits conducted at the state of Wisconsin, the… Read More ›
Foxconn’s Wisconsin plant will take at least 25 years to break even
This analysis was done by the non-partisan Legislative Fiscal Bureau. As per a legislative analysis of Wisconsin’s $3 billion incentive package to Foxconn’s proposed LCD screen plant in the states, it will take at least 25 years for the state… Read More ›
Foxconn promises to build a $10 billion LDC display plant in Wisconsin
Foxconn has a dodgy record, if it were to stick to its rhetoric this time, its $10 billion investment would mark the biggest in Wisconsin’s history. Foxconn, also formally known as Hon Hai Precision Industry Co Ltd, has announced its… Read More ›