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Foxconn Largely Abandons $10 Billion Wisconsin Project Once Touted by Trump

https://www.equities.com/news/foxconn-largely-abandons-10-billion-wisconsin-project-once-touted-by-trump

https://archive.ph/1P1CT

Taiwan electronics manufacturer Foxconn is drastically scaling back a planned $10 billion factory in Wisconsin, confirming its retreat from a project that former U.S. President Donald Trump once called “the eighth wonder of the world.”

Under a deal with the state of Wisconsin announced on Tuesday, Foxconn will reduce its planned investment to $672 million from $10 billion and cut the number of new jobs to 1,454 from 13,000.