Friends of Manufacturing

With flourishes, Walker and Foxconn chairman sign contract for huge factory, huge state aid

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Gov. Scott Walker and Foxconn Technology Group Chairman Terry Gou signed off Friday on the biggest development deal in Wisconsin history, inking a contract that provides a once-unimaginable level of state financial aid for a massive manufacturing complex that backers say will transform the state’s economy.

Seated in front of an array of American and Wisconsin flags in a sleek hall at the historic headquarters of S.C. Johnson & Son Inc., Walker and Gou, head of the $135 billion Taiwanese electronics manufacturer, put their signatures on a deal that promises to put an immense liquid crystal display panel factory on 1,000 acres a few miles west, in Mount Pleasant.

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