Foxconn, a known Apple supplier, is significantly scaling down its plans for the Wisconsin factory that it had announced with the former US President, Donald Trump, who called the site as the “eighth wonder of the world.”

For those unaware, the previous President had showcased the plans of Foxconn to build a factory in Wisconsin, which would’ve been a major win for his economic goals. But a year and a half later, this deal’s future seems a lot more uncertain. Now, the supplier has announced that it will be scaling down the plan significantly earlier this week. The Taiwanese based manufacturing giant is also hoping that it would return blue collar jobs back to the hard hit state as well, as per a TechCrunch report.

Apple

The report added that the 10 billion US Dollars investment plan is now being scaled down to just 672 million US Dollars. In the new plans, Foxconn will also be cutting down employee count from 13,000 to just 1,454. Furthermore, Tony Evers, Wisconsin Governor, said in a press release issues earlier this week, that the reduction would be a tax saving deal as well.

The Governor further added that “When I ran to be governor, I made a promise to work with Foxconn to cut a better deal for our state—the last deal didn’t work for Wisconsin, and that doesn’t work for me. Today I’m delivering on that promise with an agreement that treats Foxconn like any other business and will save taxpayers $2.77 billion, protect the hundreds of millions of dollars in infrastructure investments the state and local communities have already made, and ensure there’s accountability for creating the jobs promised.”

Apple

Evers had also played a crucial role in negotiating the deal under Trump. The package also included incentives worth about 4 billion US Dollars in incentives for Foxconn. At the moment, the state has already spend upwards of 200 million US Dollars over infrastructure, training, and more, ahead of the planned factory.

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