On the Issues: WEDC Chief Praises Foxconn Plan as “Transformational”
Transformational. That was the word that Mark Hogan, secretary and CEO of the Wisconsin Economic Development Corporation, used often on Thursday during an “On the Issues with Mike Gousha” program. Hogan was describing the impact he expects to result from Foxconn, a high-tech megacorporation, building a huge plant in Racine County where it will make liquid crystal display equipment.
Hogan endorsed and defended every aspect of the agreement between Foxconn and state and local governments, from its cost – expected to total well over $3 billion in public expenses – to the plant’s environmental impact to what benefit Foxconn will bring to people in northern Wisconsin to the availability of workers to transportation issues connected to the plant to the political process that led to approving the deal to the precedent it might set for supporting other economic development ideas.