Citing his “outstanding contributions to recreational boating safety,” the Coast Guard recently honored Brunswick Corp.’s David Marlow with its Meritorious Public Service Award.
Brunswick Corp.’s boat group consists of 15 brands worldwide, including Bayliner, Boston Whaler, Brunswick Commercial and Government Products, Crestliner, Cypress Cay, Harris FloteBote, Lowe, Lund, Meridian, Princecraft and Sea Ray. The group’s additional four brands — Rayglass, Uttern, Valiant and Quicksilver — are marketed in countries other than the United States.
Financial firm B. Riley & Co. listed Brunswick Corp. among its top picks for company and stock performance in 2017, stressing that it expects marine markets to improve throughout the year.
The Brunswick Recreational Boat Group said today that it realigned the management structure at its recreational boat group, with group president Tim Schiek and group CFO Scott Kent leaving the company to pursue other interests.
Brunswick Corp. said it acquired the assets of Payne’s Marine Group of Victoria, British Columbia, a wholesale distributor of marine parts and accessories in Canada.
Brunswick Corp. said it named Danielle Brown, 46, as vice president and chief information officer.
The Brunswick Public Foundation said it awarded grants to multiple charitable organizations, including three United Way chapters where Mercury Marine employees work and live.
Brunswick Corp. had revenue of $1.09 billion in the third quarter, missing expectations by about $20 million, due in part to integrating an acquisition on the fitness side of the business, and also due in part to slower international sales of engines.
Brunswick Corp. reported net sales increased 10 percent in the third quarter versus the third quarter of 2015, operating earnings rose 6 percent.
The board of directors of Brunswick Corp. declared a quarterly dividend on its common stock of 16.5 cents a share, which reflects a 10 percent increase from the previous level of 15 cents a share.
Brunswick Corp.’s Lund and Crestliner Boats plant surpassed 2 million hours of manufacturing without a lost-time accident at the New York Mills, Minn., facility.