When Brown Shoe announced it was locating its new headquarters in St. Louis, not Madison — and closing its Famous Footwear offices here — one reason cited was some $43 million in economic development incentives from the state of Missouri.
Wisconsin officials had also attempted to lure Brown Shoe, offering up free land and other perks if it would build its new headquarters here. Madison Mayor Dave Cieslewicz and Chamber of Commerce President Jennifer Alexander even flew to St. Louis to give the pitch.
But rather than spending limited resources fighting each other for new jobs, Midwestern states must work together if they hope to compete in the new world economy, development experts say.
Quoted: Dean of International Studies Gilles Bousquet