Foxconn announced on 26 July 2017 that it would build a $10 billion TV manufacturing plant in southeastern Wisconsin and would initially employ 3,000 workers (set to increase to 13,000).[68][69] As part of the agreement, Foxconn was set to receive subsidies ranging from $3 billion to $4.8 billion (paid in increments if Foxconn met certain targets), which would be by far the largest subsidy ever given to a foreign firm in U.S. history.[70][71][72][73] Some estimate that Foxconn is expected to contribute $51.5 billion to Wisconsin's GDP over the next 15 years, which is $3.4 billion annually.[74] However, numerous economists have also expressed skepticism that the benefits would exceed the costs of the deal.[75][76][77][78][79] Others have noted that Foxconn has made similar claims about job creation in the past which did not come to fruition.[70][72][80]