WMSN FOX 47
 

FOX 47 - Top Stories

ARCADIA, Wis. - An Ashley Furniture official tells the state's business lobby the Wisconsin-based company has no plans for any layoffs and instead plans to add jobs.

That's despite a published report saying Ashley Furniture sought $6 million in state tax credits on condition the company be allowed to retain only half of its workforce in Wisconsin.

Company lawyer Bill Koslo said in a statement that the job guarantee number "just sets the base line of the risk Ashley was willing to accept as a good Samaritan to the City of Arcadia."

Wisconsin Manufacturers & Commerce, the state's business lobby, shared the statement with the Wisconsin State Journal. The newspaper reported Sunday that the Wisconsin Economic Development Corp. board in January approved the tax credits in a 9-2 vote.

Walker said the funding has to do with flood mitigation that the city of Arcadia can't pay for.

"It's really the reason why they came to the state, because they can't deal with a flooding issue, and they need to slightly move a creek's passage to be able to avoid that or they won't be able to have Ashley or any other company grow where they are at," Walker said.

Democratic candidate for governor Mary Burke said she has concerns about donations made to Walker by Ashley executives just weeks after the WEDC board voted on the issue.

"When I was secretary of commerce we didn't structure any deals that way. I can't remember any deals where we gave taxpayer money to laying off half your employees, so certainly I have real concerns about it," Burke said.

WEDC officials said there was no signed contract on the Ashley deal, but that they were very interested in working with the company and preserving jobs in Arcadia.


Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.




Ashley Furniture official: No plans for layoffs

Video List

Advertise with us!
Advertise with us!

Tonight on FOX 47

5:00pm Two and a Half Men
5:30pm Big Bang Theory
6:00pm Modern Family
6:30pm Big Bang Theory
7:00pm Hell's Kitchen
8:00pm Red Band Society (Series Premiere)
9:00pm FOX 47 News at 9
9:35pm Modern Family
10:05pm Two and a Half Men
10:35pm Everybody Loves Raymond
11:05pm The Simpsons
11:35pm The Simpsons
12:05am Community


Complete FOX 47 Schedule

To FOX.com

Advertise with us!
IE6 Float Fix