The NMMA reports August was another strong month for new boat manufacturing activity. While wholesale shipments of new power boats tempered following three consecutive months of growth, August had the fourth highest single-month total of new boat wholesale shipments in a decade, according to its latest Monthly Shipment Report (MSR). “We saw a slowdown in wholesale shipments of new power boats in ...
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Brunswick Corporation makes final repayment of revolving credit facility
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 ...
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