Fond du Lac County Board borrows and taxes to help keep Mercury Marine
The Fond du Lac County Board has agreed to borrow $50 million to help its largest employer stay in town. And they approved a 0.5 percent sales tax to pay off the loan. It's part of an effort to keep Mercury Marine afloat.
The company's union did its part last Friday, by approving contract concessions which Mercury said were needed to prevent moving 850 jobs to its non-union plant in Oklahoma.