Since then, FoxConn has scaled back its plans to
a Gen 6 plant that would make screens for TV’s,
smart phones and tablets.
In October, WEDC decided not to award Foxconn
tax credits because it has made substantial
changes in the manufacturing plans for the
Mount Pleasant site and was out of compliance
with the tax credit agreement.
The agency said Foxconn hired only 281 eligible
employees and made only $300 million in
capital expenditures.
Foxconn is challenging the agency’s
determination, saying it “not only deviates from
that understanding but also deviates from
contractual timelines.”