Wisconsin gives $1.5 million loan to Marquis Yachts

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Wisconsin Gov. Jim Doyle announced Tuesday that $1.5 million in state loans will be given to Marquis Yachts LLC to create 315 jobs at its Pulaski plant.

Marquis Yachts, marketed under the Marquis and Carver brands, was sold as part of Genmar’s Chapter 11 bankruptcy filing. Former Genmar chairman Irwin Jacobs purchased the brands with his newly formed company, J&D Acquisitions LLC.

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Comments

One comment on “Wisconsin gives $1.5 million loan to Marquis Yachts

  1. Marco Triumph

    All we heard when Jand D was formed was how well capitalized they were, and how Jacobs was going to run things different this time around….  So why go into any debt if you do not have to.

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