The Taiwanese company also toured sites in Ohio before Wisconsin won out, thanks to a $3 billion state incentive package that’s the largest ever offered to a foreign company in U.S. history, the documents show. In a bid to land the factory, Michigan offered Foxconn a package worth $3.7 billion, including about $3 billion in tax exemptions and $700 million in cash incentives. The newly released records shed light on the competition to land the Foxconn project and what steps Wisconsin was doing to out-manoeuvr its Midwest neighbours. Wisconsin’s chief economic development officer, Mark Hogan, said in a May message that Foxconn toured locations in Ohio near Cincinnati, Cleveland and Columbus. In Michigan, Hogan said they looked at Detroit, Flint and Battle Creek.

Source: National Post March 01, 2018 21:18 UTC