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Article: Aid to Mercury Marine draws heat But state, local officials say saving jobs was vital
- Article from:
- The Milwaukee Journal Sentinel (Milwaukee, WI)
- Article date:
- October 14, 2009
- Author:
CopyrightCopyright 2009 The Milwaukee Journal Sentinel. Provided by ProQuest LLC. (Hide copyright information)
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By RICK BARRETT
Brunswick Corp., the parent of Fond du Lac-based Mercury Marine
Inc., should have come under closer scrutiny before state and local
government officials offered incentives to keep Mercury in
Wisconsin, a liberal public policy group said Tuesday.
In September, the Fond du Lac County Board gave Mercury a $50
million government-financed loan, one of a basket of incentives the
outboard engine maker received when it threatened to move hundreds
of manufacturing jobs to Oklahoma. About 2,000 Mercury jobs were at
stake had the company moved.
State officials also prepared financial incentives aimed at
retaining Mercury, although they haven't released the details.
"The incentives ...