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updated 12:17 PM UTC, Oct 23, 2018

NW Wisconsin Governments Want Their Money Back

  • Written by Wheeler
  • Published in News

State, county and local officials are going to court to get their money back from a company which had promised to bring jobs to northwestern Wisconsin.

  The Wisconsin Economic Development Corporation, Douglas County and Superior had given millions of dollars in loans to Kestrel Aircraft.  It got the incentives to build a manufacturing operation where turbo-prop jets would be produced.  Kestral ran into cash flow problems after re-paying 865-thousand dollars.  It still owes more than three-million and the last payment was made in November 2016.

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