FENTON—The Missouri Department of Economic Development (DED) today announced that Mercury Communications & Construction, Inc., a wireless services provider and general contractor, will increase its operations in Fenton. The company’s expansion project includes a significant capital investment and is expected to create up to 16 new jobs in the next year.
“Missouri’s tech and telecommunications industry is soaring, creating a demand in infrastructure to support it,” said Mike Downing, director of the Department of Economic Development. “I’m proud to see a small Missouri business like Mercury answer the call and help pave the way for continued future development.”
Mercury is a Women Owned Small Business and family-owned and -operated company that specializes in planning, designing, deploying and maintaining multiple infrastructure projects within the communications, commercial construction, government, and energy markets. Located in Fenton, the company serves clients throughout Missouri and the Central U.S. region. Since its founding in 2000, the company has experienced tremendous growth. This project will be the company’s second expansion in recent years. Mercury will build out a 4,000 square-foot space to accommodate the company’s increased employment.
“Mercury has a rapidly growing client base so it is important to be in a region where there’s a high availability of skilled workers. And we’ve found that here in Fenton,” said Julie Steis, president of Mercury Communications & Construction. “Missouri also has an extremely affordable business climate, which has allowed us to expand quickly to meet the needs of our clients. We utilize as many service providers and vendors as we can from Missouri to help stimulate the economy.”
To enhance Mercury’s global competitiveness, increase sales, and spur continued job growth, the company was recently awarded a $150,000 grant from the U.S. Department of Labor Trade Adjustment Assistance Center.
Mercury recently received its national certification as a Women Owned Business Enterprise and in 2008 certified as WBE through the Missouri Office of Equal Opportunity. Mercury strives to work with other disadvantaged companies as mentors and long term partners in the area.
To assist Mercury Communications with its expansion, the Department of Economic Development has offered a strategic economic incentive package that the company can receive if it meets strict job creation and investment criteria.
Mercury in the news, reposted from St. Louis Business Journal, view the original article here
Julie Steis, President of Mercury Communications, Inc.
original article by: Brian Feldt Reporter-St. Louis Business Journal
Mercury Communications and Construction, a wireless infrastructure services provider, is expanding its presence in Fenton and will invest more than $500,000 in new office space and software to help fuel growth.
Mercury Vice President Jeff Fischer said the wireless industry is quickly growing and Mercury, one of St. Louis’ largest women-owned businesses, is growing along with it.
The company is investing $150,000 to build an additional 4,000 square-feet of office space and will spend an additional $250,000 for a new software system. In all, Fischer said he expects to spend more than $500,000 on improvements that also include buying a new system to design cellular towers and a new fork lift.
Mercury offers communications infrastructure, in-building wireless systems and general construction services to clients that include AT&T, Verizon and T-Mobile.
Amy Susan, a spokeswoman for the Missouri Department of Economic Development, said Mercury could access up to $140,498 through the Missouri Quality Jobs Program. Mercury reported $10.2 million in revenue for 2013. Fischer said he expects the company to finish 2014 with $13.5 million in revenue.
The U.S. wireless industry, according to The Wireless Association, is valued at $195.5 billion.
Mercury’s growth opportunities now and in the future are in technology, said Mercury President Julie Steis.