Put it this way: It's possible that you could manufacture LCDs profitably in Wisconsin...
...but nobody has ever proposed an even vaguely plausible plan to do so. Foxconn seems to have to viewed it as so obviously absurd they never even tried to develop a plan, much less started building a factory.
Whatever else you may say about Foxconn, they seem to be pretty decent at manufacturing things cheaply. If they considered the idea to be a joke, it's probably safe to assume it's utterly impractical.
The manufacturing process requires a lot of clean water. Racine built them a pipe directly to Lake Michigan to take all the fresh water they want for free. Dump the wastewater back in the farmland and you've got yourself a nearly free dystopia.
...but nobody has ever proposed an even vaguely plausible plan to do so. Foxconn seems to have to viewed it as so obviously absurd they never even tried to develop a plan, much less started building a factory.
Whatever else you may say about Foxconn, they seem to be pretty decent at manufacturing things cheaply. If they considered the idea to be a joke, it's probably safe to assume it's utterly impractical.