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

LANGLADE - A legacy that started in 1947 lives on in the small community of Langlade. 

Bob and Joni's bar has gone through three generations of owners and a few name changes since it opened more than 70 years ago. 

However, one thing has remained the same. 

"If you're not laughing, smiling, having a good time, you're probably at the wrong bar," said Bob and Joni's manager Jeremy Walters.

35- year-old Jeremy Walters jumped at the chance to help at his family's bar.

"You're supposed to be 18, I'm pretty sure I was a little early on that," said Walters. 

Walters' grandfather opened the bar in 1947 as the Northern Lights. 

It was passed along to Walters' father. 

Now Walters' manages the same bar, now Bob and Joni's. 
 
When Walters' grandfather first opened the bar, it used to attract 20 people.

 After more than 70 years in business, a lot has changed.

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ONEIDA COUNTY - A Northwoods organization wants to keep adding to the number of leaders we see in the community.

Leadership Oneida County is a nine-month program which aims to help build leaders and strengthen involvement. The group is currently accepting applications until August 1st.

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MADISON - An invitation to President Donald Trump's afternoon news conference with Wisconsin officials says electronics giant Foxconn will build a liquid-crystal display panel plant in Wisconsin.

The Associated Press obtained the invitation from a person with knowledge of the Wednesday afternoon event at the White House. The person doesn't have authorization to publicly release the information.

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RHINELANDER - All the rain across the Northwoods this spring and summer likely didn't help get rid of any mosquitoes.  The pesky insects can carry the West Nile Virus, which has animal rehab workers worried about an increase in cases.

Wild Instincts Rehab Director Mark Naniot has seen between 10 to 15 cases of suspected West Nile Virus come in to his Rhinelander-area facility.  Naniot usually doesn't submit his birds for testing because they often come back negative.  But he received word from the state Wednesday saying there are 27 counties with confirmed cases -- including Oneida, Vilas, Lincoln, and Langlade counties.

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WAUPACA COUNTY - A 15-year-old boy died after being accidentally shot in Waupaca County.

According to the Waupaca County Sheriff's Office, police received a call just before 1 p.m. Wednesday.

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THREE LAKES - Normally when we think of invasive species, we want to get rid of them. But on Tuesday in Three Lakes, people learned how to cook with invasive species.

It was all part of a cooking demonstration held at the Demmer Memorial Library. Oneida County AIS Coordinator Stephanie Boismenue led the class.

Boismenue says it's an effort to help educate the public.

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RHINELANDER - One person went to the hospital Wednesday after a two car crash south of Rhinelander.

The car accident happened around 1:30 Wednesday afternoon on Highway 17 heading south between Rhinelander and Gleason.

One driver was rushed to the hospital, but Oneida County Sheriff's Sergeant Greg Gardner doesn't suspect any life threatening injuries.

"One vehicle started to slow to make a turn into their driveway and the vehicle following collided with them," said Gardner.

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