Wis. yacht maker gets $2M through state program - WAOW - Newsline 9, Wausau News, Weather, Sports

Wis. yacht maker gets $2M through state program

Posted:

MADISON, Wis. (AP) -- A Brown County yacht maker will receive a $2 million loan through the state and county for a project that's expected to create 379 jobs.

Gov. Scott Walker said Tuesday the project by Marquis (mar-KEE') Yachts LLC is a positive sign for the state and for Brown County.

The county will receive a $2 million grant from the state Department of Commerce. The county will then lend the funds to Marquis Yachts to buy new equipment and provide working capital.

The private company is based in Pulaski.

The funds will come from a Commerce Department program that's designed to stimulate economic activity.

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Online:

Marquis Yachts: http://www.marquisyachts.com

(Copyright 2011 by The Associated Press. All Rights Reserved.)

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