Foxconn contract lawsuit has been dismissed
A lawsuit that argued Foxconn Technology Group failed to create a high-tech screen plant in Mount Pleasant costing local governments hundreds of millions of dollars has been dismissed.
The lawsuit, filed by Caledonia resident Daniel Hintz and Hintz Real Estate Development Co. in February, claimed that Foxconn is in breach of its contract. The lawsuit claimed that Foxconn had not constructed a Generation 10.5 LCD manufacturing facility, employed local workers in manufacturing and construction “to the extent agreed,” and failed to make capital investments in the county and
“We are pleased this issue was quickly resolved and look forward to continued progress and partnership on the Wisconn Valley Science and Technology Park.”
Village of Mount Pleasant and Racine County statement
village “to the extent agreed.”
Court records show that the case was dismissed Friday.
The lawsuit, which listed Racine County and the Village of Mount Pleasant as defendants along with Foxconn, said it was filed on behalf of the county and village.
The Village of Mount Pleasant and Racine County issued a one-sentence joint statement in response to the dismissal of the lawsuit.
“We are pleased this issue was quickly resolved and look forward to continued progress and partnership on the Wisconn Valley Science and Technology Park,” the Village of Mount Pleasant and Racine County said in the statement.
Foxconn’s media representative did not respond to a reporter’s question Monday.
The lawsuit said the local governments had spent $200 million on land acquisition, $185 million on the development of water and sewer lines and $12 million on roads to prepare for the project.