Mercury Marine broke ground on a new 30,000-square-foot addition to its propeller casting facility. In total, Mercury will invest $17 million to expand the propeller facility, which increases the company’s overall investment to more than $1.1 billion since 2008.
The expansion will be at Mercury’s global headquarters in Fond du Lac, which will allow the company to almost double its current output for stainless steel propellers. When complete, Mercury’s propeller facilities’ total footprint will encompass 90,000 square feet.
“The market growth in high-horsepower, four-stroke outboards, plus the market reception to Mercury’s new V6 and V8 outboards, has driven an unprecedented increase in demand for stainless steel propellers,” said Dirk Bjornstad, Mercury Marine Propellers general manager. “This capital expansion will align the propeller business with our increased growth as well as position the business to gain additional market share with new best-in-class propeller designs.”
Mercury remains the global leader in outboard and sterndrive propeller production, both in aluminum and stainless-steel production and product performance, producing more than 400 different propellers for a wide variety of boat applications.