Skip to main content
Updated:
Original:

Mercury Marine extends union contract

Mercury Marine and the International Association of Machinists and Aerospace Workers Lodge 1947 agreed on a five-year contract extension.

The extension, approved by the union membership in a vote Sunday, will remain in place through Aug. 28, 2021, according to the (Milwaukee) Journal Sentinel.

Details of the agreement were not made public, but it includes wage increases, ratification bonuses and health care and wellness initiatives, the marine engine manufacturer said.

"While rebuilding the relationship between our members at IAM Local Lodge 1947 and Mercury Marine is an ongoing process, I believe ratification of this extension is a first step in the right direction," union representative Benito Elizondo said in a statement, according to the Sentinel.

"The new agreement is good for our members, Mercury Marine and the community," Elizondo said.

Mercury Marine employs nearly 2,500 people in Fond du Lac, Wis., and more than 5,200 worldwide.

Related

Volvo Penta to Power Offshore Wind Farm Transfer Vessels

The Swedish company will provide quad IPS systems for crew-and-equipment transfer vessels being built by American Offshore Services.

ePropulsion Secures B+ Series Funding

The China-based company will use the investment — equal to tens of millions of U.S. dollars — to advance research and development in e-power technology innovations.

Discover Boating Moves Forward

The joint NMMA and MRAA effort reveals a new logo and its rebranding of the Miami International Boat Show.

The Outdoor Recreation Boom Continues

Bombardier Recreational Products saw revenue jump 28 percent to $4.2 billion for the year, but dipping in its fiscal Q3 due to supply chain constraints.

A Steady Decline

Demand remains strong, but supply-chain logjams continue to weaken boat registration numbers.

Heimensen Named MarineMax Marketing VP

The yacht retailer announced it has promoted its longtime marketing director Abbey Heimensen.

C.G. Foundation Launches GivingTuesday Matching Challenge

The Coast Guard Foundation is launching a matching gift in which Geico Military will triple all donations received by midnight tonight.