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Home / Commercial Construction / Mount Pleasant’s bond rating downgraded amid millions in Foxconn-related borrowing

Mount Pleasant’s bond rating downgraded amid millions in Foxconn-related borrowing

Mount Pleasant's millions in borrowing to support the construction of Foxconn Technology Group's $10 billion factory there have led to a one-notch downgrade in the village's credit rating over fears that the massive factory may not produce the economic benefits officials had promised.

About Nate Beck, nbeck@dailyreporter.com

Nate Beck is The Daily Reporter's construction staff writer. He can be reached at (414) 225-1814 (office) or 414-388-5635 (mobile).

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