The city of Racine has signed a memorandum of understanding with the Foxconn Technology Group to form a public-private partnership with the company. The City Council approved the agreement at its meeting Tuesday night.
A new program puts 14 Wisconsin counties among the first in line for perhaps $50 to $75 million in federal grants over the next two years alone.
Problems with agency formed by Gov. Scott Walker should offer warnings to other states, says Good Jobs First.
Turning economic development over to public-private partnerships like WEDC is "fool's gold," warned Good Jobs First, a D.C. watchdog group.