FOR IMMEDIATE RELEASE:
September 12, 2017
Contact: Senator Robert Cowles: (608) 266-0484
Uncertainties Remain on Foxconn Deal
MADISON- Senator Robert Cowles (R-Green Bay) has released the following statement after casting a ‘no’ vote on August Special Session Assembly Bill 1, the Foxconn incentive package:
“The decision to vote no on the Foxconn incentive package did not come easy. Weeks of work were committed towards reviewing this package, but questions still remained. While I support our state promoting economic development, the incentives that Foxconn was presented were too steep, both financially and statutorily. The bill as presented on the floor left uncertainties that I felt were too crucial for me to pledge support for this legislation.
“I understand that more specific details will arise in contractual negotiations, and I trust that this administration and the legislature will work vigorously to keep the Foxconn incentive payments accountable and transparent. Unfortunately at this time, I was unable to support this specific legislation.”