MADISON, Wis. — The Latest on Gov. Scott Walker incentive proposal for Kimberly-Clark (all times local):
Gov. Scott Walker says he wants to increase tax credits to entice consumer products giant Kimberly-Clark to keep its manufacturing facilities open in Neenah and Fox Crossing.
The Dallas-based company said last week it was closing the facilities, resulting in a loss of 600 jobs. Walker said Monday he is asking the Legislature to increase job retention credits from 7 percent to 17 percent, the same level extended to Foxconn Technology Group for its planned display screen factory and campus in southeast Wisconsin.
Walker says retaining Wisconsin companies like Kimberly-Clark is just as important as attracting new businesses to the state.
Democrats have criticized Walker for enacting nearly $3 billion in state tax incentives for the Taiwanese-based Foxconn while not being able to stop Kimberly-Clark from closing the Wisconsin facilities.
Gov. Scott Walker says he’s offering Kimberly-Clark “the same deal for jobs as Foxconn” to stop the consumer products giant founded in Wisconsin from cutting 600 jobs.
Walker made the comment on Twitter Monday without providing any additional details. The Wisconsin Economic Development Corporation says in a tweet it is working with Walker and partners in the Fox Valley “to make a strong case for why Kimberly-Clark should maintain operations” and not close two plants.
The Dallas-based Kimberly-Clark announced last week that it planned to close manufacturing facilities in Neenah and nearby Fox Crossing, resulting in 600 job cuts. Kimberly-Clark makes Kleenex tissue and Huggies diapers.
Walker approved a state incentive package for Foxconn that ties nearly $3 billion from the state if the Taiwanese company creates 13,000 jobs and invests $10 billion.