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w w w . i n s i g h t o n b u s i n e s s . c o m F e b r u a r y 2 0 19 • I NSIGH T | 15 [continued ] » • INTERSTATE 41 CORRIDOR Brown, Calumet, Outagamie, Winnebago, Fond du Lac Counties Shopko files for bankruptcy, announces store closures Shopko filed for bankruptcy and is closing 105 stores, including 16 in Wisconsin and seven in the New North, as part of its restructuring efforts. e Ashwaubenon-based retailer announced it received $480 million in financing from lenders to fund and protect its operations while it goes through the bankruptcy process. Shopko also requested a federal bankruptcy court in Nebraska allow it to pay wages, salaries and benefits. Shopko will close the following Northeast Wisconsin locations: • Military Road, Green Bay • Calumet Avenue, Manitowoc • Appleton Road, Menasha • Green Bay Road, Neenah • Shopko Hometown, Seymour • Shopko Express, Evergreen Drive, Appleton • Shopko Express, Van Roy Road, Buchanan "is decision is a difficult, but necessary one," CEO Russ Steinhorst said in a news release. "In a challenging retail environment, we have had to make some very tough choices, but we are confident that by operating a smaller and more focused store footprint, we will be able to build a stronger Shopko that will better serve our customers, vendors, employees and other stakeholders through this process." K-C reveals shutdown date for Neenah Nonwovens plant A year aer Kimberly-Clark Corp. placed its Neenah Nonwovens facility on a list of plants it planned to close, the consumer products manufacturer has announced the site will close March 31. Headquartered in Dallas, K-C notified the Wisconsin Department of Workforce Development that 74 people will lose their jobs when the plant, which manufactures non-woven fabric products, closes. e employees will leave in stages between mid-March and the end of May. Originally, K-C included the Cold Spring plant in Fox Crossing on its list of sites being closed as part of its global restructuring efforts, but the manufacturer changed course in mid-December aer receiving a $28 million tax incentive from the Wisconsin Economic Development Corp. e Fox Valley Workforce Development Board is leading a rapid response effort for the employees losing their jobs. e organization is working with local K-C leadership to schedule an employee outreach session, which will include an overview of the services offered through the board and at the local job center, as well as information on unemployment insurance. e employees also will be