$28M Will Keep Kimberly-Clark Cold Spring Facility Open

Local News

UPDATE

THURSDAY 12/13/2018 2:15 p.m.

LIVESTREAM: Governor Scott Walker, State Sen. Roger Roth, and Kimberly-Clark Vice President and Deputy General Counsel Colin Smyser discuss keeping the Kimberly-Clark Cold Spring plant open. 

Note: Mobile users may need to sign into Facebook to view the stream. You can also search WFRVLocal5 in your Facebook mobile app.

THURSDAY 12/13/2018 12:30 p.m.

In a phone call with Local 5, State Senator Dave Hansen’s office (D-Green Bay) confirmed approximately $25 Million in state money will be used to keep the Kimberly-Clark Cold Spring plant open. 

The state aid money will distributed over five years.

The agreement avoids the need to pass a bill through state legislation as funding will come from the Wisconsin Economic Development Corporation (WEDC).

Senator Hansen is in support of this decision because it avoids setting a precedent, saves jobs, and protects tax payers.

More information on how the decision came to be will be discussed during a news conference at 1:45.

Local 5 will be streaming that 1:45 event online at wearegreenbay.com and on facebook.

ORIGINAL STORY 

THURSDAY 12/13/2018 10:19 a.m.

Governor Scott Walker, State Sen. Roger Roth, and Kimberly-Clark Vice President and Deputy General Counsel Colin Smyser will make a major economic development announcement Thursday afternoon regarding the future of Kimberly-Clark in the Fox Valley.

The announcement is set for 1:45 p.m. at the Kimberly-Clark Neenah Cold Spring Facility.

Local 5 will continue to update you on-air and online with more information about this announcement as soon as we learn more.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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