If Oshkosh Corp. moves its headquarters out of town, the cost would be 593 jobs and more than $59 million in lost earnings, City Manager Mark Rohloff said Friday.
These numbers, higher than earlier estimates, are based on an analysis conducted by the East Central Wisconsin Regional Planning Commission at the request of city staff, Rohloff said.
The headquarters staff numbers just 450, but the additional jobs would be lost “at other businesses in our community that support Oshkosh Corp. through its supply chain or provide goods and services to its employees,” he said.
The biggest losses would be in companies that provide professional and technical services, according to the analysis, which is based on an economic impact modeling program from Economic Modeling Specialists Inc. Other sectors that would be affected include health care, insurance, food services, accommodations and government.
Read more at Oshkosh Independent.