Wisconsin Concerned About Not Getting New Investment Deals

A recent guest article in Milwaukee Journal Sentinental bemoaned the fact that Wisconsin is not competing very well for new business investment deals. See below.

"It looks as if Wisconsin will not be in the running for the new Honda automotive assembly plant that will be built somewhere in the Midwest, and that is about par for the course for the state when it comes to recruitment of businesses. For whatever reason, Wisconsin has never done well in the competition for major new plants."

Why is that? Two reasons come to mind: 1) Wisconsin is not strategically located where foreign automotive companies need to be in the US. Look at the FDI that has occurred in the major north-south interstate corridors (especially I-75) and look at what has happened along the east-west interstate corridors along the southern rim of the U.S.; and 2) you have to give until it hurts when it comes to incentives. (On the second point: step it up, but be careful).

Read more here.