MADISON – Kimberly-Clark facilities slated for closure in Neenah and Fox Crossing would be eligible for a 17 percent jobs tax credit for existing jobs paying at least $30,000 to $100,000 and/or a 15 percent capital investment credit under legislation introduced today by Senate President Roger Roth (R–Appleton), Assembly Majority Leader Jim Steineke (R–Kaukauna), and Representative Mike Rohrkaste (R–Neenah).
Kimberly-Clark, the largest manufacturer in the Fox Cities, recently announced a global restructuring plan which will affect 5,000 employees and close 10 plants around the world. The two manufacturing facilities affected in the Fox Valley make up 600 of those jobs.
“We must ensure that the company continues to have a robust presence in our area as well as preserve its skilled workforce," Roth said in a press release. “We will continue to fight for these 600 jobs and the families they support.”
The legislation addresses Kimberly-Clark’s global restructuring plan by authorizing the Wisconsin Economic Development Corporation to certify the Neenah and Fox Crossing facilities' eligibility for the tax credits.
“Kimberly-Clark has been a vital part of the Fox Cities community for over 140 years,” Rohrkaste said. “These plants employ our friends and neighbors with good, family-supporting jobs. This is why we are working together to do what’s best for the residents of the Fox Cities.”