Bennington, manufacturer of pontoon boats, announced the immediate expansion of its operations in Elkhart County. This growth includes adding jobs and investing in new facilities. Bennington has secured the property and 43,485-square-foot Center Six One Five building at 2707 County Road 15, Elkhart, IN 46514. This investment allows the company to add manufacturing space and jobs to increase output. The process of ...
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Godfrey Marine sells Polar Kraft brand
Godfrey Marine has sold its Polar Kraft aluminum fishing boat line to private investors, the company announced Thursday. Godfrey, which also manufactures Hurricane deck boats and Godfrey pontoon boats, is part of Highwater Marine, the company formed by Bennington Marine after it acquired Nautic Global Group in October. The new owners are acquiring the brand and certain assets and liabilities ...
Read More »Bennington Marine joins Sea Tow’s Sea Care program
Under a new partnership with Sea Tow Services International, Inc., Bennington will now include a 95-day Sea Tow membership with each new boat sold. The Sea Tow membership provides on-water assistance for free, such as towing, fuel drops, jump starts and prop disentanglements. In addition, Sea Tow members receive discounts at more than 1,700 national and local partners including Avis ...
Read More »Lippert acquires Highwater Marine furniture business
Drew Industries Incorporated announced Wednesday that its wholly owned subsidiary, Lippert Components, Inc., has acquired the business and certain assets of the pontoon furniture manufacturing operation of Highwater Marine, LLC. The boat brands comprising Highwater’s businesses were recently acquired by Elkhart-based Bennington through its acquisition of Nautic Global Group. Revenue of the marine furniture business acquired from Highwater Marine for ...
Read More »Bennington Marine completes acquisition of Nautic Global Group brands
Bennington Marine, the world’s largest pontoon boat manufacturer, announced Tuesday it had completed the acquisition of the brands and certain assets of Nautic Global Group, LLC. Terms of the deal were not disclosed. The brands Bennington acquired—Godfrey pontoon boats, Hurricane deck boats, Polar Kraft fishing boats and Rinker cruisers—are being held in a newly formed holding company and will be ...
Read More »Bennington is Nautic Global Group buyer
Bennington Marine will be the new owner of Nautic Global Group under a deal announced Monday. Bennington will acquire the brands, certain assets and liabilities of NGG, the companies said. Those brands include Hurricane, Godfrey, Rinker, Sweetwater and others. The acquisition wraps up an accelerated sales process that was just announced last month, although rumors of a potential sale have ...
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