MERC has been in the news 375% more than usual
Oct 18, 2024, 12:31 PM
-7.88%
What does MERC do
Mercer International, based in Vancouver, employs 3,508 staff and specializes in pulp and wood products across multiple facilities, including a CLT facility in Spokane. The company also generates energy from biomass byproducts.
MERC has been in the news recently: Mercer International Inc. reported Q3 2024 revenues of $502.1 million and a net loss of $17.6 million, while maintaining liquidity of approximately $554 million. In contrast, Marsh McLennan achieved $5.7 billion in Q3 2024 revenue, reflecting a 6% increase, and plans to acquire McGriff Insurance Services.
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