32 workers to be laid off at Mercury Marine

Published online: Aug 11, 2006 News Soundings Trade Only News
Viewed 139 time(s)

Ten machinists at Plant 4 and 22 workers at Plant 15, the company's outboard assembly plant, will be laid off, company spokesman Steve Fleming said today. A majority of the 22 assembly workers were told they could anticipate possible layoffs when they were hired last year, he said.

The layoffs, which were announced last Friday, are part of the company's efforts to control its inventory pipeline, said Fleming.

"We are publicly held company. A publicly held company dictates that we aggressively manage pipelines and costs," said Fleming. "We're making sure we are not producing more than we need."

The company last week reported a 2 percent decline in sales and a 9 percent drop in operating earnings in the marine engine segment for the second quarter.

Mercury Marine is a division of Lake Forest, Ill.-based Brunswick Corp.

You Might Also Be Interested In...

April 28, 2015

NMMA in legal trouble over boat show relocation

Remember a couple weeks ago when the NMMA canceled their big boat show in Chicago? Well, it turns out that's not the only trouble they're having lately.
April 16, 2015

Breaking News

The National Marine Manufacturers Association canceled the Progressive Chicago In-Water Boat Show, which was set to take place June 11-14, and will stop producing the annual show.
April 16, 2015

West Marine announces new "Deck Out Dad" social media contest

West Marine has launched a new social media campaign called Deck Out Dad!
Follow us on Facebook!  Follow us on Instagram!  Follow us on Twitter!  Follow us on YouTube!