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.
Wisconsin Governments Want Their Money Back From Company That Promised Jobs
Feb 12, 2018 | 9:00 PM
State News