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  #401  
Old Posted Today, 2:59 PM
Kenmore Kenmore is offline
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it's definitely not going to happen, not only does the company have a trash rep and word that means little, the president pimping this out as a win is also a serial liar.
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  #402  
Old Posted Today, 9:44 PM
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bnk bnk is online now
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Well if it does happen its only going to be 3 times the size of the Pentagon. And 5 times the size of the Boeing plant in Everett.





http://www.chicagobusiness.com/artic...efits-illinois

July 27, 2017

What Illinois stands to gain from losing huge Foxconn factory



Illinois may have lost the big Foxconn prize to Wisconsin, but the Kenosha area is close enough to the state line that big job and investment opportunities exist here, and the state will move aggressively to grab them.
That's the word from Mark Peterson, the new head of Intersect Illinois, the public/private economic development unit formed by Gov. Bruce Rauner.
In an interview, Peterson did not deny that Illinois would have liked to have won, and made a bid for, the Taiwanese company's LCD factory, which promises to create 3,000 jobs initially and as many as 13,000 eventually. He suggested much of the motivation was political, quipping, "I don't think it's a coincidence that (the location) happens to be in the district of the speaker of the (U.S.) House," Paul Ryan.
But the Kenosha area is so near that there's a lot of potential for Illinois job-seekers and suppliers.

And the benefits Illinois derives from Wisconsin's deal comes without having to pay out a reported $3 billion in incentives.
"When you need that many people and a company ramps up as fast as Foxconn intends, it will be difficult for Wisconsin to meet all of their needs," Peterson said. "The reality is, it's a pretty short trip for people (who live) in Lake and McHenry counties, or even Cook. We have a lot of people that can benefit."
"Employers are agnostic about where people live," Peterson added. "They (just) want quality."
PLUGGING IN
In that vein, Intersect Illinois already has been talking with county officials about how to plug local folks into Foxconn Technology Group's talent search, and has had preliminary talks with the company that likely will be followed by a fuller discussion later this year, he said.
"We want to talk to them about what they need," he says. "What can we do to customize (through worker training and other programs)?"
The state also may facilitate a connection between Foxconn and Northwestern University, Peterson said. Foxconn likes to work with academic institutions, and engineering-heavy NU "has a lot of things that could be beneficial."
Overall, he said, Illinois "is thrilled" that the facility will be located nearby.

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  #403  
Old Posted Today, 10:16 PM
Kngkyle Kngkyle is online now
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I think we will see many more big announcements like this especially when it's getting closer to 2020 and in swing states. I also expect almost none of them to actually happen, or a dramatically scaled down version at best. Which is probably for the best given the mammoth size of the subsidies being handed out to land these PR 'wins' for Trump.
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