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Tag Archives: Brunswick Boat Group

Sea Ray celebrates 60th anniversary, honors dealers at awards dinner

Sea Ray recently celebrated its 60th anniversary during a marine industry dealer meeting at Horseshoe Bay Resort in Texas. During the event, attendees experienced on-water product demonstrations of Sea Ray’s latest model line-up including the Sundancer 320, SDX 250 Outboard, SLX 400 and the brand-new, limited-edition SLX-R 350 Outboard, recently named a 2019 Top Product by Boating Industry. In addition, attendees ...

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Brunswick announces sale of fitness division for $490 million

Brunswick Corporation today announced it has entered into a definitive agreement to sell its fitness business to KPS Capital Partners, LP, a private investment firm, in an all-cash transaction for approximately $490 million. Following completion of the sale, Brunswick will be comprised solely of its global marine portfolio, which includes market-leading positions in propulsion, parts and accessories, boats and services. ...

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Brunswick First Quarter Marine Results Show Strong Top-Line Growth and Margin Expansion

Brunswick Corporation reported results for their marine business for the first quarter of 2019. First Quarter 2019 Highlights: $ millions (except per share data) GAAP Increase/(Decrease) As Adjusted Increase/(Decrease) Marine Business Net Sales $1,050.7 8.7% $ 1,050.7 10.4% Marine Business Operating Earnings $114.1 20.7% $ 124.5 18.3% Marine Business Operating Margin 10.9% 110 bps 11.8% 80 bps Marine Business Operating ...

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Brunswick Boat Group to establish integrated manufacturing center

Brunswick Corporation (NYSE: BC) announced that its boat group will establish its Merritt Island facility in Florida as an Integrated Manufacturing Center.  Since the wind-down of Sea Ray Sport Yacht and Yacht production operations at the site last year, the facility has been transitioning to become a hub of operations to support the growth and development of Sea Ray, Boston ...

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Brunswick Corporation names new Mercury Marine president

Brunswick Corporation promoted Christopher Drees, president – marine parts and accessories, to president – Mercury Marine. Drees succeeds John Pfeifer, who has chosen to leave Brunswick to pursue opportunities outside the company. Drees will report to Brunswick chief executive officer David M. Foulkes. The appointment is effective immediately. "Assuming the Mercury presidency is a natural progression for Chris,” Foulkes explained. ...

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Brunswick unveils plans for Fiberglass Boat Technology Center

Brunswick Boat Group, a division of Brunswick Corporation (NYSE: BC), has announced plans for the Brunswick Fiberglass Boat Technology Center (BFBTC), an extensive recreational boat design and technology center in the United States. Located in Edgewater, Florida, the 45,000-square-foot facility will be home to a boat product development team, with a mission to design, engineer, and launch innovative, industry-leading products for Boston ...

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Former Brunswick Life Fitness global director is named Crestliner Boats president

Brittany Hizer has been named president of Crestliner Boats, reporting to Dirk Hyde, president of Brunswick’s Aluminum Fish Group. Otesgo, Minn.-based Crestliner is one of 14 brands which comprise the Boat Group of Brunswick Corp. Hizer most recently served as global director for Life Fitness Digital Ventures, which is also associated with Brunswick Corp. She was responsible for championing the ...

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Brunswick New York Mills operation receives state safety grant

Brunswick’s New York Mills Operation has received a $10,000 matching safety grant from Minnesota OSHA. The NYM Operation Safety Committee played a major part in the sourcing and writing of this grant application. The purpose of the grant is to help businesses improve a process to be safer. The grant application was written for three CartMovers, which are motorized hand ...

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Brunswick Boat Group names new Princecraft president

Brunswick Boat Group has announced that Rodier Grondin has joined the company as Princecraft president. Grondin will be based in Princeville, Quebec, Canada, and report to Steve Langlais, president of the Boat Group's Fort Wayne Operations in Indiana. Rodier joins Princecraft from Venmar/Broan-Nutone, a leading manufacturer and distributor of residential ventilation and other household products, where he contributed for 11 ...

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STEP Ahead Awards honor marine industry women

Three women in the marine industry were recently honored with STEP Ahead Awards. The STEP (Science, Technology, Engineering and Production) Ahead initiative began in 2012 to celebrate women in the manufacturing industry who are making a difference through advocacy, mentorship, engagement, promotion, and leadership. The STEP Ahead Awards highlight the achievements of real women in manufacturing on a national stage. ...

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