Sunday, August 24, 2014

Here's How the Wisconsin Economic Development Corporation is "Reinventing Economic Development"

WEDC board OK'd Ashley Furniture getting $6 million tax credit, cutting 1,900 jobs.  (Wisconsin State Journal, 8/24/2014)

Another retreat from 250,000.   As approved by the Wisconsin Economic Development Corp. board, the award would allow the Arcadia-based global furniture maker to move ahead with a $35 million expansion of its headquarters and keep 1,924 jobs in the state.

But it wouldn’t require Ashley to create any new jobs, instead granting the company license to lay off half of its current 3,848 Wisconsin-based workers in exchange for an enterprise zone tax credit, one of the most valuable and coveted state subsidies.


Related posts:
Company looks to expand its business geographic focus?  (8/14/2014)
Scott Walker and the horrible, terrible, no good, very transparent day.  (7/28/2014)
Kestrel Aircraft: All these incentives, but no construction, no jobs.  (7/13/2014)
The Eaton Corporation/WEDC timeline of shame.  (7/10/2014)
Wisconsin featured in report on privatized state economic development agencies.  (10/25/2013)
Wisconsin Economic Development Corporation pledge: Following the money.  (7/23/2013)
Incompetence rewarded.  (5/9/2013)
And while we're at it, let's take a look at WEDC 's core values. (5/9/2013)
WEDC Public Information Officer Resigns After 1 Month on the Job.  (5/9/2013)
Plenty of time for messaging but none for fixing what ails WEDC.  (5/9/2013)
Previous WEDC audits?  What previous audits?  (5/8/2013)
Are you seeing a trend yet?  (5/8/2013)
Echoes.  (5/7/2013)
Get me rewrite.  (5/4/2013)
Legislative Audit Bureau Report on Wisconsin Economic Development Corporation: The "Cliff Notes" Version.  (5/3/2013
"Tales of woe never end at WEDC."  (4/25/2013)
Enterprise Florida and Wisconsin Economic Development Corporation share a lack of transparency.  (2/28/2013)

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