Sen. Hansen: Statement on Kimberly-Clark bailout

Contact: Sen. Hansen
608-266-5670
KIMBERLY-CLARK BAILOUT
“While I am pleased to hear that there is an opportunity to avoid the closure of Kimberly-Clark’s Cold Spring and Neenah Nonwovens facilities I still have serious concerns.
“At a time when there is a worker shortage and the Legislature is offering over $100 million to Kimberly-Clark to keep the mills open it is deeply disappointing that K-C’s precondition for accepting such a generous offer from the taxpayers is to force their workers to accept deep cuts to their pay and benefits.
“Under the bill introduced earlier by Senator Roth, there is no guarantee in place for how long the mills will stay open and Kimberly-Clark could lay off as much as 7% of their workers and still receive the taxpayer funded subsidies.  Nor are there any protections for workers at K-C’s mill in Marinette.
“The bill also falls short in that it fails to address challenges faced by the state’s paper industry as a whole.
“When the deal with Foxconn was voted on I joined a number of my Democratic colleagues warning that Republicans and the Governor were opening the door for other businesses to ask for similar treatment.  If this Foxconn-style bailout is approved for Kimberly-Clark how many more businesses will be stepping forward looking for a handout from the taxpayers?”
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