The Wisconsin Economic Development Corporation is a public-private partnership that oversees grants and loans to businesses in exchange for the promise of new jobs. Earlier today, WORT producer Shaun Soman spoke with WEDC Secretary and CEO Missy Hughes, who has been serving in her position since last October.
Joint Audit Committee Seeks Documents from WEDC
The Wisconsin Economic Development Corporation (WEDC) is under intense scrutiny as the agency finalizes a $3 billion contract with Taiwanese manufacturing company, Foxconn. State lawmakers are asking where the agency’s money is going and if it is being held accountable for contracts made with private companies. This week, the agency announced a lawsuit […]
Kohl’s Struggles to Meet WEDC Goals
In 2012, Kohl’s Corp. received a whopping $62.5 million tax credit package from the Wisconsin Economic Development Corporation earmarked for job creation and the construction of a new headquarters. Three years later, Kohl’s is headquartered out of its new building, but has struggled to meet its required jobs quota, landing at just 15 percent of […]
WEDC Dems Say CEO Reed Hall Ought To Go
MADISON (WORT) — The two democrats on the board of Governor Scott Walker’s flagship job-creation agency are calling for the resignation of the agency’s CEO Reed Hall.
WEDC Faces Criticism After State Audit
Governor Walker backtracks on the troubled flagship of his economic development platform. The Milwaukee Journal Sentinel’s Jason Stein and Mary Spicuzza joined us with the story.
WEDC Dems Call For Federal Investigation
MADISON (WORT) — The two Democratic lawmakers who sit on the board of the Wisconsin Economic Development Corporation (WEDC) are calling for a federal corruption probe of Governor Scott Walker’s job-creation agency. This comes just days after a scathing audit of WEDC, a revealing investigation by the Wisconsin State Journal, and Walker announcing that the agency should eliminate its loan program.
