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Economy & Business
Mon August 12, 2013
Oshkosh Qualifies for Federal Aid Because of Military Cutbacks
The Oshkosh Corp. has laid off at least 950 workers this year, because the U.S. military has purchased fewer company-made vehicles.
The layoffs exceed one percent of the City of Oshkosh's workforce, so the region qualifies for economic assistance from the U.S. Dept. of Defense. It provides aid to communities losing significant military programs or contracts.
Among projects for which the money can be used: helping laid-off workers find new employment, diversifying the local economy and assisting companies in the supply chain.
Local planners must suggest projects, such as strengthening programs at the local technical college, and then federal officials will accept or reject each proposal. Oshkosh leaders say they hope to submit plans, within weeks.
Reports indicate the federal grants could total nearly one million dollars.