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.
