Foxconn, the world’s largest contract manufacturer of electronics and the biggest assembler of Apple products, is building a massive factory in a village in rural Wisconsin.
The state offered Foxconn close to $4 billion in subsidies to bring the project to Wisconsin. In return, Foxconn promised 13,000 jobs and a $10 billion investment in the state.
In the last two years, however, plans have changed many times and locals have been forced to move to make way for the 3,000-acre project.
CNBC got a rare chance to sit down with Foxconn and the Wisconsin official who helped broker the deal to ask: What’s really going on with the project? Watch the video to learn more about Foxconn’s contentious effort to build one of the world’s largest factories — in the U.S.
Date: July 03, 2019