Foxconn

MEDC CEO: Large Incentive Package Needed To Lure $4.2 Billion Foxconn Plant To Romulus

LANSING - Conversations with Foxconn Technology Group over locating a plant in the state are continuing and a large incentive package is necessary to remain competitive for such large projects, Jeff Mason, the chief executive officer of the Michigan Economic Development Corporation, said this week. Michigan missed out on an initial multibillion dollar plant that's

By |2017-10-26T11:58:43-04:00October 26th, 2017|News, Politics|

Foxconn Proposals Heavy On Tax Exemptions

LANSING - Michigan had offered Foxconn Technology Group some $3.76 billion in incentives for the plant it lost to Wisconsin and another $3.06 billion for a yet-to-be-announced plan, according to letters to the company. But both of those incentives were reduced by the final language of the Good Jobs for Michigan package (SB 242, SB 243 and SB

By |2017-10-20T08:36:17-04:00October 20th, 2017|Politics, Politics/Government|