Brunswick

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 agrees to new credit availability

Brunswick Corp. announced today that it has entered into a new $300 million revolving credit facility. This facility replaces the company’s existing $400 million revolving credit facility and $100 million Mercury Marine receivables facility. No loan borrowings were outstanding under either of these facilities. “The company believes the new facility provides adequate levels of credit…more

Brunswick bomb-threat suspect charged

A man was arrested and charged in connection with the March 8 bomb threat at Brunswick’s Lund-Crestliner boat factory in New York Mills, Minn. Chad Steven Pikula, 37, of New York Mills, was arrested last Thursday and charged with two felony counts of making terroristic threats, the Fergus Falls Journal newspaper reported. The factory shut…more

Analysts detail why they’re bullish on Brunswick

Following a meeting between Brunswick officials and RBC Capital Markets, analysts said discussions with the boatbuilder support its “positive view of [Brunswick] shares.” “While still too early to call this year’s selling season, the cycle is on the cusp of turning and Brunswick’s competitive advantages (e.g., low-cost production, better distribution, superior product development capabilities) should…more

Brunswick executives to meet with financial community

Brunswick Corp. chairman and CEO Dustan McCoy, along with senior vice president and CFO Peter Hamilton, will present at several events for the financial community in early March. The presentations are as follows: Hamilton will present at 11 a.m. (EST) Tuesday at the J.P. Morgan Global High Yield and Leveraged Finance Conference at the Loews…more

Analyst: Brunswick brands sell well in Miami

RBC Capital Markets analyst Edward Aaron reported that Brunswick’s brands appeared to perform well at the Miami International Boat Show, which concluded Monday. “We believe Brunswick products were collectively tracking toward about a 20 percent increase in overall unit sales at the show,” he wrote in a report released this morning. “Dollar growth was likely…more

Brunswick lines to use Interlux bottom paint

Interlux announced a partnership with Brunswick Boat Group in which Fiberglass Bottomkote Aqua was selected as the premier product in all Sea Ray, Meridian and Bayliner production. “The paint system we have developed for Brunswick will result in significant manufacturing process efficiencies and deliver the added value of a high-performance antifouling finish to buyers of…more

MIAMI: Brunswick buoyed by signs of a recovery

Executives at Brunswick Corp. remain convinced that demand for new boats bottomed in 2010 and that the company has taken the steps necessary to capitalize on what they foresee as a recovery. “We’re not saying the market is going to take off in 2011,” Dustan McCoy, Brunswick chairman and chief executive, said during a presentation…more

Brunswick webcast coincides with Miami show

Dustan E. McCoy, Brunswick Corp.’s chairman and CEO, will present at an event for the financial community in conjunction with the opening of the Miami International Boat Show. The presentations will be webcast live beginning about 11 a.m. (EST) on Thursday. The following Brunswick executives will join McCoy in making the presentation:   Andrew E.…more

Brunswick CEO receives public service award

Dustan E. McCoy, chairman and chief executive officer of Brunswick Corp., recently accepted the 2011 National Association of State Boating Law Administrators’ Public Service Award. The annual award is presented to companies that make significant contributions to boating safety. Brunswick recently formed a partnership with the U.S. Power Squadrons to offer boating education and training…more

Analyst is optimistic about Brunswick stock

RBC Capital Markets continues to recommend Brunswick stock, analyst Edward Aaron said in comments following Thursday’s fourth-quarter and year-end earnings release. “We came away sensing increased optimism by [Brunswick] management that retail conditions are beginning to improve from very depressed levels,” he wrote. “While clearly too early to make a definitive call on 2011 retail,…more

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