The Wisconsin Economic Development Corp. has released the names of Flambeau River Papers and Flambeau River Biofuels as owing the largest share in past due loans. Both
companies are headed by politically connected North Woods businessman William
"Butch" Johnson.
Since 2006, the
two companies have received about $16 million in grants and loans from state
taxpayers..WEDC says those
two Flambeau River companies together owe a total of $4 million.
