economic_development

WEDC spokesman resigns month after hire

Gillespie resigned Monday

The man hired last month to help the Wisconsin Economic Development Corp. with its public image has resigned a month after he was hired.

Walker says WEDC board to meet to discuss audit

Group could meet as soon as Wednesday

Gov. Scott Walker says he hopes the board of his lead job-creation agency can meet as soon as Wednesday to discuss a scathing audit released last week that detailed numerous law violations and other problems.

Legislators 'running out of patience' with commerce agency

Governor spokesman defends agency, says he's 'confident' in its direction

The nonpartisan Legislative Audit Bureau has found numerous problems with how the semi-private agency that handles economic development for the state is operating.

Walker establishes office in China

Gov. Scott Walker says a new office opened in China will strengthen Wisconsin's relationship with the country and provide businesses from the state with the resources and assistance they need to grow.

Audit finds faults with state job-creation agency

WEDC has been beset with problems

An independent audit said high staff turnover, poor record keeping and a lack of basic accounting controls all contributed to problems in the first year of Wisconsin's premiere job-creation agency.

$69M in state loans were not tracked

$9M past due or in default

The state's quasi-public economic development agency lost track of $69 million in loans to businesses because no one was in charge of keeping tabs of that money.

$69M in state loans were not tracked

$9M past due or in default

The state's quasi-public economic development agency lost track of $69 million in loans to businesses because no one was in charge of keeping tabs of that money.