Mercury Marine workers will receive bonuses

Author:
Updated:
Original:

Mercury Marine will pay a one-time bonus to about 1,200 of its hourly workers in Fond du Lac, Wis.

Company spokesman Steve Fleming said that despite challenging market conditions Mercury demonstrated solid global growth in 2011, in part because of the outstanding efforts of Mercury employees, the Fond du Lac Reporter newspaper reported.

“We want our employees to know that their dedication and extraordinary efforts in 2011 — and the results of those extraordinary efforts — were greatly appreciated by the company, and we’re glad to be able to show that appreciation with a monetary bonus to our hourly employees,” Mercury Marine Mark Schwabero said.

The bonuses at Mercury will be paid based on the length of service during the last year. Bonuses to newer employees will be prorated.

Mark Zillges, president of Local 1947 of the International Association of Machinists and Aerospace Workers, said employees were notified of the bonuses on Monday.

“I think it’s a nice gesture,” Zillges told the newspaper. “It’s a step in the right direction. I understand that we [employees] lost a lot [in concessions dating to the summer of 2009], but it’s a start. It’s something in [employees ’] pockets before the holidays.”

Fleming said Mercury accomplished many strategic objectives this year.

They include consolidation of its operations in Stillwater, Okla., with its operations in Fond du Lac; record-setting performance by Land ‘N’ Sea, a Mercury distribution company; the launch of a sustainability program; publishing a company sustainability report; and earning Green Master certification.

There also was the recent launch of Mercury’s new 150-hp FourStroke outboard engine and the introduction of a fuel system by Attwood Marine, both of which earned innovation awards at the 2011 International BoatBuilders’ Exhibition & Conference.

Click here for the full article.

Related

Patrick Industries Acquires Taco Metals

The components manufacturer had been family-owned for 60 years.

Consumers Say E15 Warning Labels Are Ineffective

A new poll shows that current branding efforts do not adequately warn consumers to the risk and legality of using the blended fuel with certain engines.

Silent-Yachts’ New Project

The Austrian solar yacht outfit will use VW’s electric drive system on a vessel to be drawn by Spanish car brand Cupra.

Industry Mourns Christopher Ramirez

A regional sales manager at Garmin, Ramirez died suddenly at age 35 last month.

Quick Hits: December 1, 2020

Freedom Boat Club announces 250th location; ShoreMaster/Hydrohoist acquires Neptune Boat Lifts; MarineMax names brand manager; and Arkansas scientists study fishing license increase.

Our Great Lakes Are Battered and Need Help

The eight-state region that accounts for one-third of annual boat sales has seen unprecedented damage from high waters. A bipartisan legislative effort looks to protect the region and its small businesses.

Boat Demand Remains Strong, But Inventory Shortages Prevail

Dealers worry that the absence of new boats is driving up prices.

Electric Boat Company Completes IPO Process

Canada-based e-mobility outfit Vision Marine raises $27.6 million to reinvest in its line of electric vessels and 180-hp, E-Motion outboard.