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.

Clarks Landing given Brunswick dealer honor

Brunswick Boat Group certified Clarks Landing as a Five-Star Dealer. Dealers must pass rigorous best practices, certification programs and NMMA standards to qualify. Clarks Landing has recieved the award for five consecutive years. “Our team is committed to providing the best services to boating customers on the Chesapeake Bay, and this reward exemplifies our hard…more

Brunswick awards college scholarships

Brunswick Corp. recently awarded $56,000 in college scholarships to 28 sons and daughters of dealership owners and employees in the U.S. and Canada. The Brunswick Foundation Sons and Daughters Scholarship Program recognizes recipients for their academic excellence, leadership capabilities and civic involvement during the last school year, and they are chosen by an independent committee…more

Analyst holds steady on Brunswick rating

Despite a steep drop in July boat sales across the industry, Wells Fargo Securities retained its rating of Brunswick Corp. “We believe our $2.35-$3.35 peak earnings-per-share scenarios by ’14 remains reasonable, based on year-to-date U.S. retail results and management’s commentary and outlook,” senior analyst Tim Conder wrote. “[Brunswick’s] current and planned outboard engine share gains,…more

Brunswick division honored for work-safety record

Brunswick Commercial and Government Products, a leading manufacturer of commercial and government watercraft, was recognized by its parent company, Brunswick Corp., for its safety record. In honor of the award, Brunswick is making a $10,000 donation to a local charity on behalf of BCGP employees. BCGP’s Edgewater, Fla., facility was one of three Brunswick plants…more

Analyst forecasts Brunswick earnings scenario

Wells Fargo Securities reaffirmed its belief that a $2.35-to-$3.35 peak earnings-per-share scenario by 2014 “remains very reasonable” for Brunswick Corp. to achieve. “The current and planned outboard engine share gains, along with the fact that [Brunswick] profit benchmarks do not include any boat market share gains (which we believe will be likely) is new to…more

Analysts: Brunswick beat 2Q forecasts

Industry analysts say Brunswick’s earnings report last week was better than expected, with the company reporting its first quarterly net profit since the first quarter of 2008. Brunswick last week reported a 41 percent gain in total net sales for the second quarter of 2010, with both the boat and engine segments reporting large increases.…more

Brunswick lays off workers in Tennessee

Brunswick Corp. shut down two boat assembly lines in Ashland City, Tenn., laying off 135 workers. The moves are related to Brunswick’s announcement last week that it was selling Triton Boats to Fishing Holdings, an affiliate of Platinum Equity, Brunswick spokesman Dan Kubera confirmed to Soundings Trade Only. The production of Triton fiberglass boats will…more

Triton founder to remain at the helm

Triton founder Earl Bentz will join Fishing Holdings and resume his role at the helm of Triton Boats, the company announced. Additionally, several key members of Triton’s executive management and sales representative group will remain aboard the Triton team and will continue to lead the brand from the Tennessee office. It was announced Thursday that…more

Brunswick sells Triton Boats

Brunswick Corp. said today that it sold Triton Boats to Fishing Holdings, an affiliate of Platinum Equity. Terms of the transaction were not disclosed. “This decision was part of our ongoing strategic review to further refine our product portfolio and best focus our resources on those brands and marine segments that we believe are core…more

Brunswick reports 2Q results

Brunswick Corp. today reported a 41 percent gain in total net sales for the second quarter of 2010, with both the boat and engine segments reporting large increases. The company reported total net sales of $1.01 billion, up from $718.3 million in the same period last year. Net earnings of $13.7 million, or 15 cents…more

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