Wisconsin Assembly passes incentive package for Hon Hai plan
(WorldNews Business)

New York, Aug. 17 (CNA) The Republican-controlled Wisconsin Assembly approved Thursday a bill to grant a US$3 billion tax break to a flat panel project proposed by Taiwan-based manufacturing giant Hon Hai Precision Industry Co., also known as Foxconn in the global market. The bill was approved 59-30 by the Assembly, with three Democrats joining 56 Republicans to vote in favor of the incentive package. Wisconsin Governor Scott Walker hailed the approval as bringing one step closer the important...