KEWAUNEE - The pinch of losing a major Lakeshore employer is already being felt only a day after Dominion Resources shut down the 40-year-old Kewaunee Power Station.
"We are looking for a lot of clients that are going to be moving, there's, me personally, I have five different families moving and I know the other girls, I think have a slight impact as well," explained Sanctuary Salon owner Erin Burmeister.
The owner of Sanctuary Salon in Kewaunee says the loss of the plant, means a loss in some business.
The closing will impact 630 workers, with layoffs starting the end of the month. Around 100 employees will stick around to help decommission the plant.
Business leaders say the plant provided quite a financial boost.
"Really it's a ripple effect, about $640 million in economic activity is generated in terms of industry sales," explained Jennifer Brown, Kewaunee County Economic Development Corporation executive director. "Some of the industries impacted are service, agriculture, construction, obviously utility, so that's pretty significant."
The plant was also a source of tax revenue for Kewaunee County.
"We'll lose somewhere around $720,000 each fiscal year," explained Ed Dorner, Kewaunee County administrator.
Dorner says Dominion pays the county a utility tax, and now, those payments will drop year by year.
"It's an integral part of our annual budget. If that revenue isn't there, we also have a frozen levy so we're not able to raise that additional revenue, so it's something we're going to have to address in the budget," Dorner said.
Plant officials understand it will be a tough transition.
"We're doing what we can, this isn't something that happens everyday," explained Mark Kanz, local affairs manager for the Kewaunee Power Station. "Just trying to identify what some of those needs are out there and what types of resources we might have as a company, have available to assist the local community in getting back on their feet."
Despite the initial loss, business owners are optimistic.
"We're not going anywhere," Burmeister said.
Plant officials say the plant property will be assessed to determine its value for property tax purposes.
Kanz says the company plans to help absorb some of the costs of such an assessment.
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