Mercury Marine has an annual economic impact of more than $5 billion on the Fond du Lac., Wis., area, according to a study by Envision Greater Fond du Lac and Impact DataSource.
The study shows that Mercury is one of the top employers in Wisconsin, with nearly 4,000 workers at its global headquarters in Fond du Lac.
“We understand our role as a steward of the community and are proud of the impact that we have had on Fond du Lac and the state of Wisconsin,” Chris Drees, Mercury Marine president, said in a statement. “Thanks to the support of our community, its leaders and leaders across the state, we have been able to continue to grow, and that growth has had a very positive impact.”
The company has a total impact of more than 11,000 jobs in the area, as each Mercury job supports an additional two full-time positions in Fond du Lac County.
“Mercury Marine has been a mainstay in the Fond du Lac area for decades, and this study quantifies the incredible economic impact that they have on our community,” said Jim Cleveland, Envision Greater Fond du Lac vice president. “With over $5 billion of overall economic impact, they bring incredible significance to the region through 4,000 high-paying careers. Another 7,000 jobs have resulted from their presence through supply-chain vendors and retail spending.”
The study also shows that Mercury's impact on retail activity in the region has increased 80 percent since 2016, accounting for more than $336 million in community retail sales.
Mercury’s employment in April 2020 was more than double what it was during the Great Recession and is currently close to triple that number.
Since 2008, Mercury has invested more than $1.5 billion in R&D and expansion to its global headquarters, according to the study. More than 80 percent of that work was done with Wisconsin-based companies.