For Immediate Release Contact: Rep. Paul Tittl
September 14, 2017 (608) 266-0315
Final Foxconn Vote Finds Tittl in Favor
Madison: State Representative Paul Tittl (R-Manitowoc) voted in favor of the Foxconn bill, which the State Assembly approved on Thursday afternoon. The legislation solidifies the deal between Wisconsin and global electronics manufacturing giant, Foxconn.
“A vote for Foxconn is a vote for a brighter economic future in Wisconsin,” Rep. Tittl said. “This legislation will transform and revitalize the state’s economy and launch Wisconsin to the forefront of the electronics manufacturing market.”
Foxconn is set to invest $10 billion to open a liquid crystal display (LCD) manufacturing facility in Southeast Wisconsin, the first to be opened in North America. In return, the state will provide incentives of up to $3 billion over the next 15 years.
“One of the highlights of this bill is that tax incentives are tied to the company’s actual performance,” said Rep. Tittl. “We have done our part to protect taxpayers’ investments by providing safeguards and clawback provisions.”
Once fully operational, the facility will employ up to 13,000 employees with an average salary of $53,875. The positions will be in the engineering, computer science, and electronic technology manufacturing fields.
The legislation also provides $20 million in new funds dedicated to Wisconsin worker training, protects Wisconsin workers, and strengthens environmental protections. Hiring, permitting, planning, and construction are set to start as soon as possible. Foxconn is scheduled to be operational in 2020.
“As has been said before, Wisconsin is open for business,” said Tittl, “and I am honored to be a part of this historic vote.”
The bill now heads to Governor Walker’s desk for signing.
###