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Tag Archives: Brunswick

Brunswick announces 2018 Q2 financial results

Brunswick Corp.’s has released its financial results for the second quarter of 2018. Consolidated net sales increased 3.6 percent versus second quarter 2017, and were up 4.3 percent for the combined marine business. Operating earnings decreased by 38 percent for the quarter, and were down 32 percent for the combined marine business. "During the first half of 2018, we launched ...

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Brunswick to retain, reinvent Sea Ray brand

Brunswick Corp. today announced it has ended the sale process for its Sea Ray business, including the Meridian brand. Brunswick said it will retain and revitalize Sea Ray and leverage its premium brand to capitalize on growth opportunities in its sport boat and cruiser product categories. Brunswick also announced it will discontinue Sea Ray sport yacht and yacht models, resulting ...

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Brunswick announces $2 million investment at Princecraft Boats

Princecraft Boats has improved its market share in North America. With overall growth in the pontoon market, Princecraft needed to make significant adjustments to meet strong demand and continue its momentum. To increase its production capacity, the Princeville, Quebec Canada-based boatbuilder invested approximately $850,000 last year to improve welding operations at its pontoon plant and make other major adjustments. Over ...

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Mercury Marine breaks ground on new NVH facility

Mercury Marine has officially broken ground on a new expansion at its global headquarters in Fond du Lac, Wis. The $10 million investment will add close to 20,000 additional square feet to the more than 2.5 million square-foot campus. With this latest expansion, Mercury has now invested more than $800 million since 2009 in expansion and R&D, with most of the ...

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Repowering redux driven by outboard opportunity

Engine manufactures provide update on market segment Repowering represents a growing and evolving market segment. Eventually, in terms of operating hours, a simple engine tune-up will no longer restore lost power. That’s when the serious repowering discussions often begin. Repowering decisions are based on many factors, including cost, horsepower needs, fuel efficiency, emissions and more.  For many boat owners, repowering ...

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Brunswick Product Protection launches expanded extended marine protection

Brunswick Product Protection, the extended marine protection division of Brunswick Corporation (NYSE: BC), recently launched a major expansion of its Passport and Passport Premier extended engine and accessory protection plans for recreational power boats. "Customers value the peace of mind that advanced product protection can bring," said Cecil Cohn, vice president - Brunswick Financial Services. "I am excited about our ...

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MarineMax, Brunswick provide Sea Ray update

MarineMax will be heavily involved in the transition process involving Brunswick’s pending sale of Sea Ray. The company remains optimistic about the sale of the iconic boat brand, said MarineMax Chairman of the Board and Chief Executive Officer William McGill, Jr., during Wednesday’s first quarter earnings call and questions session with industry analysts. “We do believe that this represents a ...

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Crestliner introduces new Bass Hawk for 2018

Crestliner's new Bass Hawk builds upon the hull design of the Fish Hawk and features the raised bow and stern decks similar to the company's PT series. "We're really excited to introduce the Bass Hawk not only to hardcore bass anglers, but also to muskie and multiple-species anglers," said Jake Mirabal, Crestliner product manager. "The Bass Hawk's rugged build allows ...

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Lund launches new Impacts for 2018 line-up

The new Lund Impact 2018 line-up includes a redesign of the fishing-focused 1675, 1775, and 1875 Impact models, and also expands the XS series with new 1675 and 1775 models, which will join the company's redesigned 1875 and 2025 models. Built with Lund's IPS hull design, the full Impact line-up features a pronounced center keel, double-riveted seam construction, two reverse ...

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Brunswick CEO outlines industry keys to long-term prosperity

Continued innovation and the ability to evolve with a changing world are the keys to long-term prosperity in the recreational boating industry, said Brunswick Chairman and CEO Mark Schwabero in his keynote address to kick off the 30th annual METS in Amsterdam. Speaking at the annual Tuesday morning pre-show Breakfast Briefing, Schwabero noted that changes in the way that consumers ...

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