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Note, as mentioned by others, that's probably 3k to 13k "job years", so more like 6M to 150M usd.

Not a very good deal. And 70k avg salary seems high?



The deal is for workers making $30k/y and an overall average after some time of $53k/y (including white collar jobs).


Good point. That becomes around 40 years then to repay the cost.


So its in the thread... https://www.jsonline.com/story/news/politics/2017/11/24/got-... is the reference for many of the points of numbers.

> To receive the state payments, Foxconn would essentially have to hire a sharply escalating number of workers, starting with at least 260 next year and rising to at least 5,200 in 2022 and at least 10,400 by 2027.

> Foxconn would have to pay a worker at least $30,000 a year to earn the incentives on that hire, with a required average salary for all workers of $53,900 annually. If Foxconn lies to the state, closes the plant or falls below certain jobs minimums, the company could have to repay some of the incentives.


$70k was a "best" case scenario to do the calculation.




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