According to a new study conducted by Envision Greater Fond du Lac, Mercury Marine, a division of Brunswick Corporation headquartered in Fond du Lac, has a $5.4 billion annual economic impact on the local economy, an increase of almost 10 percent from three years ago.
The study shows that Mercury continues to be one of the top employers in Wisconsin, with over 4,200 employees working at its global headquarters in Fond du Lac, an increase of nearly 15 percent versus 2020. Additionally, Mercury has a total job impact of more than 10,500 jobs in the Fond du Lac community, meaning that each job at Mercury Marine supports an additional two and a half full-time positions in Fond du Lac County.
“Mercury Marine’s impact exceeds the impressive 4,200 employees, as the impact study shows,” said Sadie Vander Velde, president and CEO of Envision Greater Fond du Lac. “Mercury Marine supports a number of indirect jobs, for example, in grocery stores, health care, entertainment, and retail. As Mercury continues to grow, it continues to positively impact our economy and improve our quality of life in Fond du Lac.”
The study also shows that Mercury’s impact on retail in the region remains strong, accounting for more than $333 million in community retail sales, a nearly 80 percent increase since its 2016 economic impact study.
“We are proud to call Fond du Lac our home and be a part of the fabric of Wisconsin business for more than 80 years,” said John Buelow, Mercury Marine president. “We are committed to remaining a catalyst for economic growth and will continue to elevate our impact on our community for years to come.”
Last year, Mercury introduced the industry’s first V10 Verado outboard engine, further supporting its product and technology investment. Since 2008, Mercury has invested more than $2 billion in R&D and expansion of its Fond du Lac campus, including engineering and manufacturing, encompassing more than 3 million square feet. The latest recently completed manufacturing addition will allow the company to increase production to support the demand for its propulsion systems. As part of its commitment to the community, more than 80 percent of the expansion work came from Wisconsin-based companies.
Photo courtesy Mercury Marine