Governor Walker has reached a deal with paper maker Kimberly-Clark that is worth up to $28 million over five years to keep a plant open and save about 400 jobs.
The deal was reached with powers Walker has but is taking away under new lame duck session bills passed by the Legislature next week. The Kimberly-Clark deal was through the states economic development agency. Under the new bill, the Legislature, and not the governor, would be the one approving similar deals in the future.
Kimberly Clark will have to retain 388 jobs and have an annual payroll of over $30 million under the new deal. Kimberly-Clark will also invest up to $200 million dollars over the next five years at the plant.