Dear Friends,
Great news! On Thursday, Governor Scott Walker and the Wisconsin Economic Development Corporation (WEDC)
announced a deal to keep nearly 400 jobs at the Kimberly-Clark Cold Spring facility in Fox Crossing. The jobs were in jeopardy after Democrats failed to support a bill which would have kept those mainly union jobs from leaving for Arkansas.
Kimberly-Clark has a $547.5 million annual impact in their community alone. Many other companies provide $56 million in goods and services to the plant, which also adds to our economy. The company started in Neenah almost 150 years ago and is the Fox Valley’s largest manufacturer.
The deal provides $28 million in tax credits over five years, if Kimberly-Clark keeps all of their 388 employees until 2023. The company must also make $200 million in capital investment at the facility over the next five years. The money isn't guaranteed unless Kimberly-Clark meets those obligations.
The bottom line is: these jobs would be gone without the hard work of Governor Walker and WEDC. His time as governor was transformative for our state. Wisconsin is better off now than it was when he took over, and I am proud to call him a friend.
As always, if you have any concerns or ideas on how to improve our great state, please do not hesitate to contact me by phone at 608-266-5830 or by email at
Sen.Darling@legis.wi.gov
.
On, Wisconsin!