North Carolina leadership (above) offered tax incentives valued at over $570 million to the Taiwan-based Foxconn Technology Group (actual name: Hon Hai Precision Industry Co., Ltd.) in an attempt to win an electronics plant that would have employed 8,800, 95% of whom would enjoy salaries in excess of $50,000. Foxconn representatives visited the state twice to scout out prospects for the plant, which, slated to open in 2020, would produce displays like large flat-screen televisions, and interactive whiteboards. Four other states were in the bidding, but Wisconsin won with an offer five times higher than North Carolina’s. The Associated Press obtained a copy of the 23-page letter listing the Asian company’s requests for public subsidy, but described it, unsurprisingly, as “almost entirely redacted.” One request, however, was that all state and local taxes be offset. Local tax breaks, tax-funded site preparation, and incentives from the state’s settlement with tobacco companies would have been paid in addition to the $570 million offer. Foxconn had even lobbied the state to lift caps on economic development incentives.