Wisconsin gives $1.5 million loan to Marquis Yachts - Trade Only Today

Wisconsin gives $1.5 million loan to Marquis Yachts

Author:
Publish date:

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.

Click here for the full article.

Related

Canada’s tariff time bomb?

The Canadian government is under pressure this week to agree to a revised NAFTA. If it doesn’t happen, the tariffs on U.S. boats will stay in place and continue to damage the boating industry on both sides of the border.