3 ms·
Good point. That becomes around 40 years then to repay the cost.
by bb88 9y ago
Good point. That becomes around 40 years then to repay the cost.
- shagie 9y agoSo its in the thread... https://www.jsonline.com/story/news/politics/2017/11/24/got-questions-wisconsin-foxconn-deal-we-have-some-of-answers/892538001/ https://www.jsonline.com/story/news/politics/2017/11/24/got-... is the reference for many of the points of numbers. > To receive the state payments, Foxconn would essentially have to hire a sharply escalating number of workers, starting with at least 260 next year and rising to at least 5,200 in 2022 and at least 10,400 by 2027. > Foxconn would have to pay a worker at least $30,000 a year to earn the incentives on that hire, with a required average salary for all workers of $53,900 annually. If Foxconn lies to the state, closes the plant or falls below certain jobs minimums, the company could have to repay some of the incentives.