Reuters is reporting that Wisconsin is not even projected to break even on a $3 billion incentive package for a proposed LCD screen plant by Taiwan’s Foxconn for at least 25 years, a legislative analysis showed on Tuesday.
Instead Wisconsin’s Republican Governor Scott Walker was rolled like a Pillsbury Doughboy crescent roll into providing $3 billion in cash incentives and the ability for Foxconn to suck out million of gallons of clean fresh Lake Michigan water to make cheap LCD TV screens. Foxconn estimates it will initially bring up to 3,000 jobs with the plant. With Wisconsin paying them a $1,000,000 for each job they better prey it pays off.
This Taiwanese-owned LCD manufacturing facility will require loads of water for its production process; up to 7 million gallons a day will be pulled from Lake Michigan. Of the water used only 5 million treated wastewater will return to the lake, the rest lost to evaporation of the pollutive manufacturing process. Lake Michigan is the the source of drinking water for millions of people especially Chicago.
President Trump welcomed the sucking sound of water being siphoned from our Great Lakes by a Taiwanese company. He hosted Terry Gou Chairman of Foxconn to the White House in July 2017. As part of the announced deal Foxconn would also be exempt from an environmental impact statement and be able to avoid several other environmental protection rules that other companies must comply with.
Back in 2000, a Canadian company named Nova Group sparked outrage across the Great Lakes region when it proposed to withdraw millions of gallons water via container ship from Lake Superior water and sell it in Asia. The US objected and this led Canada to crack down on freshwater exports.
Canada may consider doing the same here.
Sources : whitehouse.gov, foxxconn.com, Reuters and others