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 program marks anniversary in Canada

The Brunswick Dealer Advantage program recently celebrated its first anniversary in Canada. Since its introduction, the number of programs available to dealers has increased from 10 to 18. New benefits include college scholarships for dealership employees’ children, group rates for employee auto and home insurance, and preferred pricing for business insurance. “Through communication with our…more

Brunswick reports 1Q results

In a conference call with analysts today, Brunswick Corp. chairman and CEO Dustan McCoy said the current slump in marine sales likely will continue through 2009, and when the recovery does come it will take longer to return to previous highs. “My judgment is we haven’t really seen the bottom yet, but we’ve got to…more

Brunswick earnings estimate lowered

Analysts at RBC Capital Markets are lowering their sales and earnings estimates for Brunswick Corp. to reflect significant downward pressure on wholesale shipments. “While retail trends appear in line with expectations, many dealers are simply unwilling/unable to replenish inventory in light of extremely depressed demand, excessive aged inventory and very tight floorplan lending standards,” said…more

Brunswick 1Q results to be released April 30

Brunswick Corp. will release its first-quarter 2009 results April 30 before the market opens. The company will hold a conference call at 10 a.m. (CDT) that same day. The call will be broadcast over the Internet at www.brunswick.com. To listen, go to the site at least 15 minutes before the call to register, download and…more

Sea Ray reduces work force in Tennessee

Sea Ray has laid off 70 workers at its Knoxville, Tenn., plant, Brunswick spokesman Dan Kubera confirmed this morning. Also in Tennessee, 70 Sea Ray workers at the Riverview plant were laid off as part of the previously announced mothballing of that facility. Kubera described those cuts as part of the “wind-down process.” Brunswick had…more

Brunswick CEO sees fewer boat sales this year

Sales of recreational boats in the U.S. could decline by more than 20 percent this year, Brunswick CEO Dustan McCoy said Tuesday at a Raymond James Institutional Investor Conference in Florida. McCoy said powerboat sales volume may fall below 150,000 units from 196,000 boats in 2008, Dow Jones newspapers reports. “We’re choking off the new…more

Brunswick: Program has saved dealers $5 million

Brunswick dealers participating in the company’s Dealer Advantage program have saved more than $5 million since its inception two years ago, according to the boat manufacturer. “Supporting our dealers and protecting the overall health of the distribution network has always been a fundamental principle at Brunswick, and Brunswick Dealer Advantage is an important element of…more

Brunswick 4Q results coming out Jan. 29

Brunswick Corp. will release its fourth quarter 2008 financial results Jan. 29 before the stock market opens. The company will hold a conference call at 10 a.m. CST that day, hosted by chairman and CEO Dustan McCoy, senior vice president and CFO Peter Hamilton and vice president of corporate and investor relations Bruce Byots. The…more

More work force reduction at Mercury

Mercury Marine will reduce its hourly work force in Fond du Lac, Wis. by approximately 160 positions in response to current marine market conditions. The company, which is a unit of Brunswick Corp., expects to complete these reductions by the end of January. “Like many companies in the marine industry, Mercury continues to monitor and…more

Retired Brunswick exec will lead Hatteras

William Naumann is coming out of retirement to head up the Hatteras Collection as part of several organizational changes at Brunswick Corp. Naumann, who retired from Hatteras in 2006, was named chairman of the Brunswick subsidiary. His responsibilities include strengthening relations with dealers, customers and suppliers, and overseeing government and public affairs for Hatteras. “His…more

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