Kimberly-Clark to get ‘Foxconn terms’ under bill from Roth and Steineke

State Sen. Roger Roth says Kimberly-Clark would get “Foxconn terms” to keep 600 jobs that paper manufacturer now plans to eliminate. under legislation he’s working on that could send up to $10 million in state assistance to the company.

The Appleton Republican laid out parameters of the bill he’s working on after Gov. Scott Walker yesterday called for legislation that would increase state credits in an effort to keep open two company plants in Neenah.

Walker followed his tweet with a statement that he would work with lawmakers to increase the tax credits available for job retention to 17 percent from the current 7 percent. That incentive would match what Taiwanese manufacturer Foxconn is receiving as part of a package that helped lure the company to Racine County.

A Kimberly-Clark spokesperson said the company did not ask for an incentive package from the state, but otherwise did not address whether the offer would impact its decision on the Neenah plants.

“As provided in the company’s statement last week, any final decisions will be announced by the company after appropriate consultation and/or negotiations with the union and other labor stakeholders,” the spokesperson said.

See more at WisBusiness.com.

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