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I can understand the naivete of Americans on the receiving end of this, like Walker or the president of the town for just being lured in by the idea "investment
by nikkwong 7y ago
I can understand the naivete of Americans on the receiving end of this, like Walker or the president of the town for just being lured in by the idea "investment => profit". Foxconn however is obviously much more sophisticated and the story alludes to how manufacturing is cheaper in Asia; so the premise of why they'd invest in a plant here doesn't make much sense. Although it flirts with answering this question I still don't have a clear answer. It sounds like they received tax incentives, which, maybe were incentive enough for production demand that they at some point may have? It just doesn't make sense to me if they weren't planning on actually hiring 13,000 workers, what's the incentive? Tax breaks do you no good if you generate no revenue.