Kimberly-Clark announced in January it planned to shed up to 5,500 employees and close or sell 10 plants worldwide. Among those targeted for closure are its facilities in Neenah and Fox Crossing, and Walker and lawmakers sought to save the Wisconsin jobs.
The company has said it will close the Neenah facility, which employed about 110 people earlier this year. It has left open the option of keeping open the Fox Crossing facility known as the Cold Spring plant that earlier this year had about 500 jobs.
The incentive package would save 388 jobs and allow the company to hire 52 more workers, for a total of 440 jobs, according to John Deitrich, vice president of global manufacturing for Kimberly-Clark.
"We know keeping the Cold Spring facility open would be good news for Neenah, the Fox Valley and the state of Wisconsin," Deitrich said.
Like most manufacturers in Wisconsin, Kimberly-Clark pays virtually no state corporate income tax. Under the incentive package, the state would give the company millions of dollars a year to keep the Cold Spring plant open.
