State Senate Sets Kimberly Clark Incentives Vote for November

State legislative leaders are calling an extraordinary
session to vote on a tax incentive package for Kimberly Clark. The state senate
will begin the session on Assembly Bill 963 on November 12^th. The
bill passed the Assembly earlier this year, but stalled in the Senate before
the break. The bill would give Kimberly Clark tax credits for a percentage of
the company’s payroll for full-time workers. The company would also be able to
get income and franchise tax credits – with the entire package worth about $100
million. A public hearing and vote will come later in November.

 Kimberly-Clark
gave the state until September 30^th to come up with an offer to
convince them to keep the Cold Spring Facility open in Fox Crossing – but have
agreed to delay a decision until after the November election. The company
announced a global restructuring plan in January that called for the closure of
two Fox Valley area plants, which employ about
six hundred people.