$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.

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