When Bear Island closed the doors at its Hanover County facility more than a year ago, the economic loss for the county was significant. But, the real impact was felt by the 165 employees who lost their well-paying jobs.
Wisconsin Economic Development Corp. Chief Executive Officer Mark Hogan reported to the agency board on Wednesday that officials decided to write off the balance of the $1.1 million loan owed by Ron Van Den Heuvel, former owner of clean energy company Green Box, because it's unlikely the agency will ever recoup the money.
