MANITOWOC - Financial troubles are grounding an annual air show in Manitowoc.
Organizers of Thunder on the Lakeshore have canceled the 2014 air show. The board of directors of Manitowoc Aviation Resources, which governs the show, made the decision.
Because of federal budget cuts, no military jets flew at the event last year. Organizers say that led to decreased crowd sizes, resulting in the loss of money. As many as 70,000 people have attended the show in the past, organizers say.
Fundraising will be stepped up with the hopes of bringing the show back in 2015.