Governor Walker announces 600 jobs coming to Superior

NEWS RELEASE FROM THE GOVERNOR'S OFFICE:

MADISON – Governor Scott Walker today announced that Kestrel Aircraft Corporation will establish its manufacturing and headquarters in Superior, creating up to 600 new jobs.

“I am pleased with the aggressive package we have put forth in conjunction with strong local support to make this major job creation contribution to Superior,” said Governor Walker. “This relocation will be a huge boost to the Superior-area economy.”

Two state agencies, the Wisconsin Economic Development Corporation and the Wisconsin Housing and Economic Develop Authority, partnered with local officials to bring Kestrell’s expansion to Superior.

“This combined effort by Wisconsin Economic Development Corporation, Wisconsin Housing Economic Development Authority, the city and county shows how serious we are about Wisconsin’s commitment to supporting business development and the creation of good paying jobs,” said Paul Jadin, CEO of the WEDC.

The WEDC will create an Enterprise Zone in Superior to provide $18 million in tax credits to Kestrel Aircraft Corporation. WEDC will provide a $2 million loan and is working with the Wisconsin Housing and Economic Development Authority (WHEDA) to secure a $2 million State Small Business Credit Initiative program loan. The repayment of the WEDC loan and eligibility of tax credits are based on the capital investment, worker training and job creation by the company.

WHEDA has committed to work with Kestrel to obtain a $30 million allocation of New Markets Tax Credits (NMTC) for the Superior project. NMTC is a U.S. Department of the Treasury program that assists businesses that locate and grow in qualified low-income areas.

“I am pleased that WHEDA is partnering with local officials and WEDC to use our new economic development tools including SSBCI,” said Wyman Winston, WHEDA Executive Director. “It is a testament to the people of Superior that Kestrel Aircraft is committed to build the next generation of commercial aircraft utilizing the know-how and talent available in the state of Wisconsin.”


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  • by Just the facts on Jan 16, 2012 at 10:32 PM
    There's so much hate in here, that people never see the real facts. Duluth/Superior had some big setbacks in aerospace after Cirrus' financial troubles and sellout to the Chinese. This is an excellent opportunity for Wisconsin AND Minnesota to steal market share from Oklahoma, and having two competing aerospace companies in the same area will help to drive up wages.
  • by not a walker fan Location: we need jobs too barron wi on Jan 16, 2012 at 10:24 PM
    Hey walk about the people in rice lake and barron area we need jobs and jobs for us that live here and not people that got ship here from the trukey store
    • reply
      by Rice Lake Resident on Jan 17, 2012 at 10:32 AM in reply to not a walker fan
      The Rice Lake area is falling apart because the people here are not willing to step up to the plate. I have lived in the area for 40 years and am shocked by the poor attitudes and the "give me" attitude the residents have. You can either throw yourself on the ground and scream how bad you have it or pick yourself and change the situation. Apparently the residents around here have chosen to call it quits.
      • reply
        by coffeeNOTtea on Jan 17, 2012 at 08:55 PM in reply to Rice Lake Resident
        @RiceLakeResident...yah, bad attitudes...like a $7million dollar "sports complex" for spoiled kids to paly "games" while the city leaders can say "look, we have the BEST field in the district"! Meanwhile my taxes just jumped 10% this year alone! All I want is a job that pays the bills the city keeps throwing at me so I can stay in my home without having to move into a realtor slumlords $800/month apartment. Come on, $30 a month for 1 bag or garbage? $350 fine for being gone while it snowed while visiting my elderly folks? Wages today are what I made in a local factory...30 YEARS AGO! Do the math on the COST of walker jobs! Every job he creates cost $200,000 each! No wonder "we're broke"!
        • reply
          by Stepping up to the plate on Jan 18, 2012 at 02:55 AM in reply to coffeeNOTtea
          Building a sports complex isn't stepping up to the plate. It's a prime example of the 'give me' attitude referenced by Rice Lake Resident. Building jobs and starting businesses is what it takes to raise wages. Good jobs don't just appear in a vacuum...they have to be made by people who are willing to take a risk. If you aren't willing to take that risk, please stop trying to drag down those of us who are.
  • by Benny on Jan 16, 2012 at 08:44 PM
    When a tax credit is given its not in the form of money being given to a person or business. They are given a break in the form of not paying taxes on certain things whether it be income, luxury, or property taxes. As an example of what this means is if this company builds a building they would not pay property taxes for 10 years. Money the government would have never seen if the business did not come to Wisconsin. On the other hand all of the employees working there still pay income taxes. so exactly how is this a loss to WI?
  • by Benny on Jan 16, 2012 at 08:37 PM
    Yep mike just what we needed more government jobs in the rail system. We should have taken the money because it was in the form if a grant right? That makes the money free! The rail system was a failure before it started. All it was going to do us cost tax payers even more money than the actual building of it.
  • by Will Location: Chippewa Falls on Jan 16, 2012 at 08:01 PM
    Here come those $8 an hour poverty jobs Walker promised. Well at least it is a promise at this point. I hope there is a penalty for not creating the jobs or the business.
    • reply
      by Machinist on Jan 18, 2012 at 02:57 AM in reply to Will
      If you get a little training, you can double or triple that wage. If you complain on a message board, you can continue to flip burgers. The choice is yours.
  • by mike Location: Rice Lake on Jan 16, 2012 at 07:39 PM
    Benny get real..some people (especially Walker backers) do not like to see the FACTS..The facts are that Wisconsin lost 14,000 jobs in November (the most in the nation!) and lost another 11,000 jobs in October!!..You can check these facts at www.badgerstat.org/2011..The point is what the heck are a few hundred POTENTIAL jobs mean when this governor has lost tens of thousands of jobs in just the past 2 months??..Walker wants to take praise for a few hundred POTENTIAL jobs but the not the RESPONSIBILITY of LOOSING tens of thousands of jobs in just a few months!!..These are the facts folks like it or not..Sorry Benny get a real grip!!..Walker refused the high speed rail grant that would have created THOUSANDS of jobs that went elsewhere!!..Most of the southern states have done the same thing to education that Walker is now doing, the result is that in those southern states the education system is a joke!!..Wisconsin education system will also follow suit if we allow this governor to tear apart our people and education system!!..RECALL WALKER!!
    • reply
      by Batman on Jan 16, 2012 at 09:35 PM in reply to mike
      Settle down mikey.
    • reply
      by Benny on Jan 16, 2012 at 10:05 PM in reply to mike
      Talk about what a "joke" the education system is in the southern states and I read a couple months back about the Menomonie School district students are among the absolute worst in Math in the entire country. Whats your answer for that?
      • reply
        by Anonymous on Jan 17, 2012 at 07:02 AM in reply to Benny
        the southern states vs one school district?
    • reply
      by Brian on Jan 16, 2012 at 10:33 PM in reply to mike
      It's always interesting listening to liberals that like to throw out their selective facts. Ever consider Wisconsin has seasonal jobs that become unemployed once it gets colder? Nah, that wouldn't help your argument, would it? Yet THAT is reality. You also need to stop bringing up that high speed rail grant! Do some research to see how much Amtrak actually costs taxpayers to keep it operating!
    • reply
      by coffeeNOTtea on Jan 17, 2012 at 09:38 PM in reply to mike
      @mike At least a few people can see the forest instead only their favorite tree! It seems our elected officials of late have set about to make the working class desperate to work for any wage. One reason we now IMPORT more than we export is...Polaris and many other corporations are no longer a U.S. exporter! Except for jobs that is! An $11/hr job was hardly the reason they left. No sir, the reason they left is our government is on the dole and did not pass legislation that would "tax" any and all corporations leaving the state if they report a profit!!!Bottom line. They should have had to pay a huge percentage of the previous years profits to US BEFORE they pack their baggage on the rails when a state or country offers a better deal! Plain and simple folks.
  • by Anonymous on Jan 16, 2012 at 07:34 PM
    Sounds expensive. Walker's Solyndra?
  • by gar on Jan 16, 2012 at 06:41 PM
    The challenge will be to keep the company out of union control or they will leave asap.
    • reply
      by Anonymous on Jan 17, 2012 at 07:03 AM in reply to gar
      The only way a union gets in is if the employees want it you goof.
  • by jobs on Jan 16, 2012 at 06:40 PM
    If only Walker could guarantee that Wisconsinites would be hired for these jobs... all those from Minnesota will apply, get hired, and reap the benefits.
    • reply
      by Eau Contraire on Jan 16, 2012 at 10:44 PM in reply to jobs
      Superior has gotten a free ride from Duluth for a very long time. Turnabout is fair play, eh?
    • reply
      by BM on Jan 17, 2012 at 04:50 AM in reply to jobs
      The company is coming here. The Gov can not force us to be personally responsible for ourselves, and get the education and training we need for a good job. After all, it is much easier to complain than it is to better ourselves.
    • reply
      by Minn on Jan 17, 2012 at 10:25 AM in reply to jobs
      How many people from WI work in Minn.? Almost 3/4 of the population within 50mi of Minn border. And we get no benift from the company's being here in WI. Wake up and see the light.
  • by Bob Location: Rusk County on Jan 16, 2012 at 02:46 PM
    The info I have seen on this is the State of Wi is putting in $30 million in New Market Tax Credits in 2012, $60 Million in future allocations and a $2 million low-interest loan through the state's Small Business Credit Initative Program through the Wi Housing and Economic Development Corp. will add $18 million in Enterprise Zone Tax Credits and a $2 million economic development loan. The company plans on creating the 600 jobs by 2016 so hope the unemployment and food stamps hold out that long.
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