Speaking of the Foxconn deal that most here love to bash, lets break it down a bit. And yes I am aware of Foxconn's history but at least Wisconsin did something instead of self flagellate themselves. Amazon would be Foxconn x 10 on steroid's and higher paying jobs at that.
https://siteselection.com/issues/201...ed-foxconn.cfm
From Site Selection magazine, September 2017
Bagging the Big One
How Wisconsin Landed Foxconn
Remember the big one that got away? Wisconsin doesn’t.
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They will spend $10 billion to build this 20-million-square-foot complex.
To build that requires 10,000 direct construction jobs, plus another 6,000 indirect jobs.”
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In deconstructing the anatomy of this complex deal, several points stand out:
Wisconsin was neither the high bidder nor the low bidder.
The site search in the US began on April 28 and lasted only four months — remarkable for a project of this complexity.
Foxconn did not get everything it asked for in the negotiations.
Foxconn selected a region but not an exact site for the facilities.
The total jobs number increased as the project moved through the timeline.
A key White House official was pivotal in setting up the meetings between Foxconn and the leaders of Wisconsin.
The presence of the world’s largest supply of freshwater in the Great Lakes immediately elevated Upper Midwest locations to the top of the project short list.
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The jobs, including engineering and other high-tech positions, will pay an average annual wage of at least $53,900 plus benefits, Gou noted. He cited other location factors as crucial:
The presence of numerous corporate partners and potential partners in the region: Rockwell Automation, GE Healthcare, Johnson Controls and others.
The Chicago-Milwaukee corridor is in the geographic center of the US.
Access to Chicago’s O’Hare International Airport, Milwaukee’s General Mitchell International Airport and multiple rail lines provides transportation and logistics.
“You have a good manufacturing foundation” in Wisconsin, Gou said.
Wisconsin’s strong university and technical college system will play a valuable role in training the workforce of Foxconn.
Vast energy resources — brought to the site by Wisconsin Energy Corp. — are critical.
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UW-Madison economist Noah Williams, director of the Center for Research on the Wisconsin Economy, analyzed state and national studies and concluded that “Foxconn has the potential to generate broad gains that go far beyond the direct job estimates and tax revenue costs, which have dominated the recent discussion.”
Fiscal costs could be $2.84 billion in state subsidies for capital and payroll expenditures over 15 years if the Legislature approves the total incentives package. After analyzing the expected impacts of the Foxconn investment, Williams said the state could see:
Between 32,000 and 39,000 indirect jobs through Foxconn’s supply chain and other induced activity.
An additional $39 billion in gross domestic product, in addition to $11 billion in labor income, over 15 years.
Fewer Wisconsin workers in Kenosha and Racine commuting across the border into Illinois each day to work.
An increase in foreign direct investment in Wisconsin as Foxconn pulls in suppliers and related firms it deals with from around the world.
Population was critical, he notes. “Chicago has 9.5 million people. Milwaukee has 1.6 million. Being in a corridor with access to both markets within 90 miles is a real asset,” Paetsch says. “And the two regions are starting to meld together as one. There aren’t many places in the country where you could find a 1,000-acre site within a labor shed of 11 million people.”
On August 21, Foxconn said it would begin by building three ancillary facilities as part of its new Wisconsin LCD campus. These three new plants alone would total $1 billion in investment, said Louis Woo, special assistant to Chairman Gou.
Paetsch summed up the significance of the project win by saying, “This plants Wisconsin’s flag in the digital economy of the 21st century. This is transformational for our state.”
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