Mercury starts moving work from Oklahoma plant

Mercury Marine recently began moving work from its Stillwater, Okla., facility to Fond du Lac, Wis., now that the county's agreement for a multimillion-dollar loan to the company has been finalized.

Additionally, the estimated 500 laid-off Mercury Marine workers declined to fewer than 100, thanks to buyouts and job call-backs, Brenda Hicks-Sorensen, president of the Fond du Lac County Economic Development Corporation, told Gannett Wisconsin Media.

The county's $50 million overall loan to Mercury Marine will be funded with a new county sales tax, which starts April 1.

The Fond du Lac County Board of Supervisors approved a half-percent tax on taxable purchases in September. Cash registers around the county will need to be adjusted to 5.5 percent on April 1.

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Comments Comments are closed
2 Tuesday, 12 January 2010 21:59
What a dumb move, should be in the opposite direction and get away from the clutches of the unions which will eventually kill this company.  Then top it off with taxpayer funded loans.  Loans for what?  Burden taxpayers for what? If the business isn't there, it cannot be created.
1 Tuesday, 12 January 2010 17:16
GOOD RIDDANCE