A Black River Falls construction company will be in on the ground floor — and even below that level — of the massive Foxconn Technology Group development planned in southeastern Wisconsin.
Foxconn and its general contractor, Gilbane Building Co., announced Monday that Hoffman Construction Co. of Black River Falls is one of 28 subcontractors selected to conduct site development work for the up to $10 billion flat-screen display panel plant in Mount Pleasant in Racine County. The contracts awarded have a total value of $100 million.
[…]
James Hoffman, president of Hoffman Construction, said he couldn’t reveal the size of the contract to be the lead excavation and storm water management contractor on the project, but he indicated the work will require moving about 4 million cubic yards of soil — the equivalent of 325,000 dump truck loads.
The project, which also involves installing 120,000 linear feet of underdrain and storm sewer, is scheduled for completion by Oct. 1.
“It’s a very significant business expansion for our company,” Hoffman said of the contract, adding that he expects it to result in hiring 150 more seasonal workers than usual this year.
More prosperity…thanks to Walker.
Kevin, let’s play Devil’s advocate… what would it take for you to argue that Foxconn is socialism?
When you show me how the deal turns us into the socialist basket case that is Venezuela, Cuba, former Soviet Union, or ex-Eastern Bloc.
I see some possible crony capitalism, maybe. Socialism , no.
Giving companies incentive to escape taxes through credits is escaping “socialism”.
Why isn’t this the government picking winners and losers, and arguably getting a share of the profits of this company? Isn’t Walker’s premise that Foxconn will succeed and the state taxpayers will be repaid? How is this different from the Obama-era loan guarantees for Solyndra?
It is good to see a union shop like Hoffman get some work. The Dirt Hogs are sure to be happy.
Isn’t it un-American and illegal to “escape taxes”? And providing a government incentive to allow an individual foreign company to “escape taxes” seems pretty socialistic.
J:
That Solyndra comment was most ignorant economic statement I have seen.
Obama gave hundreds of millions of dollars, directly, to an unproven business concept, and a bunch of crooks. Taxpayer money was directly lost in his socialist utopian idiocy.
Foxconn gets no tax credits if they do not produce jobs, investments, or sales.
Difference between good leadership and socialist idiots like Obama.
k:
DOT took $90 million out of the local program and put it all in the Foxconn new construction and improvements. That was $$ that could have been utilized all over the state rather than just in a small part of SE WI. Once again you have been blinded by ideology.
Nord,
That is money going for infrastructure improvements in area. Those improvements will remain Foxconn or no Foxconn. The money is not being given to enrich friends like Obama did…what typical socialists do.
k:
No, the money is being spent only because of Foxconn. DOT even said that. And if Foxconn doesn’t happen, or folds up those improvements will be a waste of money. Those nasty facts sure seem to cause you trouble.
Nord,
Unlike Solyndra, improvements will still be there for any economic development for next guy.
Did you hit your head this AM?
But if there is no Foxconn the money used on that infrastructure is wasted, un-used or underutilized. And will still require maintenance $$. Seems like folly to spend that $$ down south when there are projects all over that state that would benefit, maybe even in your locale.
BTW:
“Solyndra was founded in Silicon Valley in 2004. The company planned to build solar panels without polysilicon. While Solyndra’s panels were more expensive to make, they were supposed to be cheaper to install, and the skyrocketing price of polysilicon gave the company a chance to compete in the market.
The following year, the company was invited to apply for a government-guaranteed loan under the Energy Policy Act of 2005 — a law backed by Republicans and designed to “support innovative clean energy technologies.” A full application came in 2008, and the Department of Energy began a review”.
WaPo
Looks like Solyndra was a R problem as well.
Nord,
We have 800 TIF districts in this state that fit that description as well. They are now building out despite the failed plans of latter part of last decade. Infrastructure is still being utilized for development, just slower than anticipated.
That is a big difference from fiascos like Solyndra.
Ah, no, that isn’t even close to being similar. But if you say so it must be true…..