Tag Archives: Brunswick Corporation

After repaying $300 million of its revolving credit facility in June and July, Brunswick Corporation announced it will repay the remaining $85 million balance of this revolving line of credit August 21.   In March, Brunswick drew down $385 million of its revolving line of credit as a precautionary action in order to increase its cash position and to enhance its ...

Brunswick Corporation (NYSE: BC) today reported results for the second quarter of 2020. For the second quarter of 2020, Brunswick reported consolidated net sales of $987.8 million, down from $1,163.5 million in 2019. Diluted EPS for the quarter was $0.89 on a GAAP basis and $0.99 on an as adjusted basis. The boat segment, which manufactures and distributes recreational boats, ...

For the second consecutive year, Brunswick Corporation’s New York Mills Operation has been recognized as a Minneapolis Star Tribune Top 150 Workplace. The facility, which manufactures both Lund and Crestliner boats, placed 16th in the large Minnesota company’s category, placing the plant in elite company in the state of Minnesota. In winning a Top Workplaces Award for 2020, the newspaper said ...

Brunswick Corporation announced that its Board of Directors has appointed Ryan M. Gwillim as senior vice president and chief financial officer, effective immediately. He succeeds William L. Metzger, Senior vice president and chief financial officer, who will retire from Brunswick effective July 10, 2020. “We are excited to promote Ryan to this position. His experience with the company in a variety of important leadership ...

Freedom Boat Club of Tampa Bay experienced record high sales this March and April amid COVID-19 pandemic. The boat club ran campaigns focusing on enjoying a “staycation” and exploring your own backyard, while maintaining to follow CDC guidelines.  Starting in March Freedom Boat Club focused on promoting the exploration of your own backyard. With travel plans being cancelled the Tampa ...

Brunswick Corporation recently reported results for the first quarter of 2020. "As we report our first quarter earnings, we must first recognize the immense impact that the COVID-19 pandemic has had on our employees, business partners, and the communities in which we operate," said Brunswick Chief Executive Officer David Foulkes. "Brunswick and our employees have responded in many ways, including ...

Mercury Marine was named a winner of the 2020 Energy Efficiency Excellence Award by Wisconsin's Focus on Energy program. The award, timed to coincide with Earth Day, honors Wisconsin businesses, organizations and communities that make outstanding efforts toward energy efficiency. The winners are chosen by Focus on Energy staff who work with program participants across the state. Focus on Energy ...

Three home-bound Mercury Racing employees are using personal 3D printers to support community efforts to fight the COVID-19 pandemic. When Steve Wynveen, a development engineering manager at Mercury Racing, learned that Froedtert & Medical College of Wisconsin in Milwaukee had posted a pattern and instructions for home sewers to create cloth face masks, he discovered a way to pitch in. "One of ...

Brunswick Corporation and many of its businesses around the world are doing their part to help those on the front lines in the fight against COVID-19. The Brunswick Private Foundation recently made a $50,000 donation to the Red Cross and Brunswick employees around the world are making personal donations that will also be matched by the company. In addition, the ...

By Adam Quandt Throughout the ever-evolving novel coronavirus outbreak, many marine industry manufacturers are making the decision to temporarily halt production, in an effort to keep employees safe. Last week, Brunswick Corporation announced it was suspending production at certain of its propulsion and boat operations over the next few weeks in response to the impact of the coronavirus (COVID-19). A ...