Flip Flop Flip?
I never understood the plant in the first place.
Getting the raw materials would require extreme logistics just to bring everything together. This is something that is cheaper in China, Mexico and many other places. The incentives of course are a sweetener, but at the end of the day it is a plant for a product that may not be in demand in 2-3 years.
FoxConn just does not seem committed to building items in Wisconsin or in the US. Time will tell.
I do think we need some production back in the USA, but I am not sure a foreign company with no ties to the people or region is the way to do it. Especially if the President has to put on the "squeeze" to make it happen
My understanding is that Foxconn's intention was to build a highly autonomous factory in the America which is something America can do better than other countries, but then local politicians dream of the traditional labor intensive factory jobs, which simply wouldn't make sense for Foxconn as you only need to look at the level of salary, working condition and working hours in their Chinese plants and compares to American workers expectations to see why it won't be working, unless American workers would be willing to accept 300USD/month salary with 14 hours/day working hour doing repetitive jobs and only 4 or so days holiday every months doing simple but demanding repetitive tasks.
As such, it seems to me that the recent series of report are merely a tactics to change the type of factory they're building into what they want. First they claim they're going to change it into a R&D center instead, which obviously would result in a lot of backlashes, and then they now reveal that we are going to build a factory there anyway, which make it seems like they are keeping up their promises, except it would probably be the type of autonomous factories that use relatively less amount of higher-paid labors.