A rough week for WEDC

[hue]

http://host.madison.com/ct/news/local/writers/mike_ivey/a-rough-week-for-wedc/article_1147e8c6-0927-11e4-b70a-0019bb2963f4.html

It was a tough week for Gov. Scott Walker’s key job creating entity.

First, WKOW-TV reported that at least two companies receiving money from the Wisconsin Economic Development Corp. later outsourced jobs to foreign countries.

Both Eaton Corp. and Plexus Corp. got millions of dollars in financial awards from WEDC only to lay off Wisconsin workers and transfer that business to other locations.

Plexus, which provides electronics manufacturing services, laid off 116 workers from its facility in Neenah in 2012, with U.S. Department of Labor later ruling those employees were eligible for benefits under the federal Trade Adjustment Assistance program, benefits available only to employees laid off because of job outsourcing.

Eaton, an electric power management company, received a second award from WEDC even after laying off 163 workers at its plant in Pewaukee and moving those jobs to Mexico.

Now, reports are surfacing in Superior that WEDC-backed Kestrel Aircraft is nowhere close to getting its plan off the ground to build a turbojet airplane there and is arguing with state officials about future funding.

“We’ve been having challenges getting all the economic development pieces we expected in Wisconsin,” Kestrel CEO Alan Klapmeier told BusinessNorth.com in a story posted Thursday. Without additional support, the $120 million project may not go forward, he warned.

The Kestrel development was one of the highest profile projects backed by WEDC, a quasi-public agency formed by Walker to replace the former Department of Commerce in providing government incentives to private business.

[unionthug777]

1. figures

The Walker Economic Disaster Corporation

[mokawanis]

2. Walker never talks about the WEDC

He's too busy talking about moving Wisconsin forward.

[hue]

3. What Wanker says & what Wanker actually does are 2 completely different things!