Mercury Marine downplays talk of move

Author:
Updated:
Original:

Various media reports have discussed a possible move of Mercury Marine's operations in Fond du Lac, Wis., to Stillwater, Okla. The company currently has facilities in both locations.

So far, however, the coverage has been pure speculation, Mercury spokesman Steve Fleming told Soundings Trade Only.

"Given the unprecedented challenges we confront as an industry, we continue to seek ways to both maintain our market leadership and efficiently operate our business that are in the best long-term interests for all of Mercury Marine and all of its stakeholders," Fleming said.

Click here for a related report from Journal Sentinel.

Click here for a related report from the Stillwater News Press.

In other news, Mercury announced today it will integrate its MotorGuide business in Tulsa, Okla., into its Attwood Marine Products division in Lowell, Mich.

The move, a result of the continued economic downturn, will allow Mercury to take advantage of the "development and operations synergy" of the much larger plant in Lowell. The plant in Tulsa will be permanently closed, though Attwood will retain a research-and-development center in the Tulsa area.

The closure is unrelated to the media reports regarding the future of Mercury Marine's sterndrive operations in Stillwater, the company said in a statement.

MotorGuide currently employs 61 people, some of whom could be offered opportunities to relocate to Lowell.

The target date for completion of the move is Oct. 30.

Related

Patrick Acquires SeaDek Parent

The Indiana-based company continues its strategy of growth through acquisitions.

BoatUS, USPS Resume Safety Checks

The groups are offering the service during safety events, or boaters can conduct the inspection using an online guide.

Stepping Up the Pace of Relief

A positive jobs report, 3 million vaccinations per day and consumer confidence point toward economic recovery.

Freedom Boat Club Buys N.Y. Franchise

The latest acquisition is Brunswick’s sixth corporate-owned Freedom operation in the United States.

In-Person NMEA Conference Announced

The electronics conference, in conjunction with the Radio Technical Commission for Maritime Services, is scheduled for Sept. 20-24 in Orlando, Fla.

Vesper Appoints U.S.-based Manager

Damien Frye will drive sales of the New Zealand-based company’s Cortex product line.

Groupe Beneteau Sells CNB

As part of the conglomerate’s realignment, the Groupe has inked an agreement with Italian yard Solaris to purchase the bluewater sailing brand.