MADISON, Wis. (AP) — The Latest on Wisconsin deal to Kimberly-Clark Corp. (all times local):
2:40 p.m.
Wisconsin Gov. Scott Walker has reached a deal with consumer-products giant Kimberly-Clark Corp. worth up to $28 million over five years to keep a plant open and save nearly 400 jobs.
The deal Walker announced Thursday at the plant in Neenah was reached under powers Walker currently has but that would be taken away under a bill Republicans passed in a lame-duck session last week. Walker called for the bills from the Legislature on Thursday, meaning he has six days to take action on them.
The deal with Kimberly-Clark through the state’s economic development agency. Under the lame-duck bill, the Legislature, not the governor, would have to approve of such deals in the future.
Under the deal, Kimberly-Clark will have to retain 388 jobs with an annual payroll of over $30 million. Walker says Kimberly-Clark will also invest up to $200 million at the plant over the next five years.
