Overview
- Wisconsin’s economic development agency approved a contract amendment with up to $16 million in additional performance-based tax incentives.
- Separate WEDC materials cited in coverage indicate Foxconn could earn as much as $96 million in state tax credits through 2029, a figure described as disputed across reports.
- Foxconn will build artificial-intelligence servers at its Mount Pleasant campus, which the company says responds to growing demand for data infrastructure.
- By the end of 2024, Foxconn had invested more than $700 million and employed over 1,200 people at the site, according to WEDC.
- WEDC projects a cumulative footprint of more than 2,600 jobs and about $1.2 billion in capital investment by 2029, as nearby land is developed by Microsoft for data centers.