(Neenah) Wisconsin taxpayers will be providing $28 million in incentives over five years to Kimberly Clark Corporation, in a deal announced Thursday by outgoing Republican Governor Scott Walker. Walker has made saving the jobs at the Neenah Cold Spring plant a priority.
The deal with Kimberly-Clark is through the Wisconsin Economic Development Corporation. Under recently passed lame-duck legislation, the Legislature, not incoming Governor Tony Evers, would have to approve any such deals in the future.
“The Republicans’ lame-duck session overriding the will of the people would affect the governor’s ability to lead on economic development through proposals like the one announced for Kimberly-Clark,” Evers said Thursday.
Senate Majority Leader Scott Fitzgerald credits “tireless advocacy” for “hundreds of jobs for hard-working Wisconsin families [remaining] in the Fox Valley.” The Juneau Republican says the “economy is thriving, thanks to the work of the WEDC. With more people working than ever before, unemployment hitting historic lows, and our state’s manufacturing sector strong, Wisconsin is headed in the right direction.”
Kimberly-Clark will have to retain 388 jobs with an annual payroll of over $30 million. The governor also says Kimberly-Clark will invest up to $200 million at the plant over the next five years.