Study: Mercury Marine has doubled employment in WisconsinPosted on
A new study shows that Mercury Marine is one of Wisconsin’s top employers, now employing 3,200 people at its global headquarters in Fond du Lac.
The study was commissioned by the Fond du Lac Economic Development Council and Impact DataSource and it shows that Mercury’s employment in June 2017 is more than double what it was in 2009.
The study said Mercury has a total impact of almost 10,000 jobs in the Fond du Lac community, which means that every job at Mercury creates more than two jobs in the area.
Mercury’s total economic impact in Fond du Lac is close to $4 billion and its impact on retail activity in the region has increased 37 percent since 2009, accounting for more than $186 million in retail sales in the community.
“We always knew how valuable Mercury was to our community, but seeing the numbers from this new study is just amazing,” Fond du Lac Economic Development Council president Steve Jenkins said in a statement. “One company has close to a $4 billion economic impact on our community — that’s incredible. In 2009, Mercury made a commitment to grow and I’d say they have more than lived up to their commitments.”
Mercury said that since 2009 it has invested more than $800 million in research and development and expansion at its global headquarters; more than 80 percent of the work completed during that growth was done with Wisconsin-based companies. The manufacturer also invested more than $600 million on supplies, services and materials from 2014 to 2016.
In January Mercury opened a new 49,000-square-foot electro-deposition paint primer system expansion. In April the company announced the commissioning of the largest high-pressure die-casting machine in North America.
“We are excited about the future of our company and the growth of the Fond du Lac community,” Mercury Marine president John Pfeifer said. “Our commitment to this community was not just to expand our manufacturing capacity, but to build for the future. The more we can impact growth in the communities in which we work, the higher quality of life our employees will have outside of work.”