Fate Of Kimberly-Clark Deal Uncertain In Wisconsin Senate

Fitzgerald: Votes Aren`t There For $70M Tax Incentives Package

The fate of a roughly $70 million tax incentives package for consumer products company Kimberly-Clark Corp. remains uncertain at the state Capitol, Senate Majority Leader Scott Fitzgerald said Tuesday.

Under the proposal from Gov. Scott Walker, the company would receive up to about $70 million in payroll and construction tax credits over 15 years. The package is aimed at preserving about 400 jobs at Kimberly-Clark`s Cold Spring facility in Fox Crossing near Neenah. The company announced plans to close that and another nearby facility in January. 

Fitzgerald said several Republican senators do not support the plan, which means it would need votes from Senate Democrats to pass.

"The votes are not there as of today," he said Tuesday...


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Ken Notes: One more time why not offer a package of 10% for new build out in TIF and 2K for 10 Years for NEW employees and then extend the offer to every business in the State. KC may leave but you will have 10`s of thousands of new jobs to fill the gap.



- - Volume: 6 - WEEK: 48 Date: 11/29/2018 10:10:02 AM -