Brunswick Corp. extended its joint venture with Commercial Distribution Finance, a division of GE Capital, through 2019.
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.
Brunswick Corp. reported market share growth despite headwinds caused by a dollar that was continuing to strengthen during the second fiscal quarter.
Second-quarter revenue rose 6 percent at Brunswick Corp. and boat sales were up 8 percent from last year.
Brunswick Corp. will release its second-quarter earnings report on July 30.
Brunswick Commercial and Government Products added a new model to its Impact RHIB product lineup.
Brunswick Corp. named Brent Dahl as vice president of internal auditing.
Brunswick is targeting owners of its popular Boston Whaler brand to sign up for Boatbound, a peer-to-peer boat rental company it partnered with last year.
Brunswick Corp. announced today that it completed the sale of its bowling products business to BlueArc Capital Management LLC, a private investment firm based in Atlanta.
Brunswick Corp. boat brands gained a full point of market share in the first quarter, driven by new products being brought to market.
Brunswick Corp. is about a third of the way into its plan to expand its parts-and-accessories business by $350 million through acquisitions and the company says it will likely increase the amount of sales growth it will get from that arm of the business.