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Board speeds up start of short-term loan program Submitted: 04/24/2014
Story By Associated Press

MADISON - The start of a new short-term loan program that wasn't slated to begin until July has been moved up in an effort to help businesses hurt by recent cutbacks at Oshkosh Corp.

The Wisconsin Economic Development Corporation, the state's chief jobs agency, voted this week to start the pilot program earlier. It will provide loans or loan guarantees of up to $250,000 to companies for projects or expenses that may not be eligible for traditional financing.

The board says it was starting the program earlier in light of news that Oshkosh was cutting 760 jobs from its defense division because of budget cuts being made by the U.S. Department of Defense.

The loan program this year will only target businesses in Oshkosh Corp.'s supply chain



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 IN OTHER NEWS
What We're Working OnSubmitted: 05/02/2016

- Last month, voters in the Unified School District of Antigo rejected a referendum that would have consolidated the district's seven elementary schools. Now the district has to figure out what to do with the teachers, staff and students of one school that will close in June.

- Plus, until now Price County has never had any type of public transportation.  Park Falls hasn't even had a taxi service in years.  That all changed in April with a new bus.

We'll have the details on this story and more tonight on Newswatch 12 - news from where you live.

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WAUSAU - The Mayor of Wausau blames "a violent world", in part, for this weekend's officer involved shooting.

A Wausau police officer shot and killed a man allegedly armed with a knife late Saturday night.

Mayor Robert Mielke said that he believes the shooting was justified and the entire police force has his full support.

"It's a very sad situation," said Mielke. "It's sad for the family involved with the individual. But it's also very sad for the officer involved and the other officers involved. It's a traumatic thing. But we're going to get through this and we're going to heal through this."

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MATTOON - Last month, voters in the Unified School District of Antigo rejected a referendum that would have consolidated the district's seven elementary schools. The referendum would have kept two rural schools -Mattoon and Crestwood -open.

But now, Mattoon Elementary School will close at the end of this school year. The school board voted 5-4 to close the school this June.

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PARK FALLS - Park Falls' Bob Kranig hadn't been to the grocery store in three years, by his estimation.

"I've got to rely on other people," he said.

Getting to the store himself was simply too tough. Kranig doesn't walk or drive. He mostly stays in his motorized wheelchair, which he calls his scooter.

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EAGLE RIVER - Riding through forests and past scenic lakes make the Northwoods one of the best places to go ATVing.

Routes opened for the season at 8 a.m. Sunday in Vilas County.

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RHINELANDER - The Oneida County Humane Society hopes expanding its current facility will help the animals and the public.

OCHS announced plans to expand and improve the animal shelter at its annual Furball fundraiser.

It will use $100,000 grant the shelter got from PETCO last year to help cover some of those costs. But OCHS will also need to raise more money to cover all the wanted changes.

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ADAMS COUNTY - Update-We now know the names of two men who died in a two car crash near the Wisconsin Dells over the weekend.

The Wisconsin State Patrol tells us 65 year old Timothy Helm and his passenger, 72 year old Frances Chowaniec died at the scene of the crash.

Both men were from Oxford.

24 year old Kolton Coon of Wisconsin Dells was the second driver.

He was taken to a hospital and expected to survive.

The crash happened Saturday afternoon around 2:00 on County Road B north of state highway 23 in Adams County.

Wisconsin State Patrol is still investigating.





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