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 fields offers for Hatteras and Cabo

Brunswick Corp. is still narrowing the field of potential buyers for Hatteras and Cabo, the two brands it announced it was selling in January, and expects to announce a new Sea Ray president before the end of March. “There’s a formal sales process that’s under way and there is significant interest in the company,” Brunswick…more

Brunswick group president talks about plant shutdown

Brunswick Boat Group president Andy Graves says the company has not made a decision to sell the Florida plant that is ceasing operation by summertime. “For us, those are difficult decisions, but necessary ones,” Graves told Trade Only Today on Tuesday. “The size range, 40 to 65 feet, those markets have been significantly impacted post-recession.…more

Brunswick to consolidate production

Brunswick Corp. is suspending yacht production at its Sykes Creek facility in Merritt Island, Fla., and will consolidate its yacht and motoryacht production at its Palm Coast, Fla., plant. “Difficult as it was, this action was a necessary step to match capacity with market demand, position Sea Ray for success with new yacht product development…more

Analysts see challenges ahead for Brunswick

A B. Riley & Co. analyst says that although stock at Brunswick Corp. is still undervalued, the company’s market opportunities for Mercury Marine are partially offset by challenges facing its boat group, particularly in the Sea Ray and Meridian brands. Analysts met with Brunswick officials behind closed doors Thursday at the Miami International Boat Show…more

MIAMI: Brunswick CEO honored by YachtWorld

MIAMI BEACH — Brunswick Corp. CEO Dustan McCoy received the YachtWorld Heroes Award for the work he has done with the United States Power Squadrons to help educate boaters through Brunswick Boat Group dealerships across the country. By doing this, the company has helped make boating safer and more enjoyable, Dominion Marine Group vice president…more

Brunswick adjusts to uneven industry recovery

Brunswick Corp. experienced increasing losses in the fourth quarter of 2012, compared with 2011, as it tried to sell Hatteras and Cabo, two of its high-end brands, the company said Thursday. “As we’re looking around the organization … the marine market is clearly in recovery, but it’s in recovery in a way none of us…more

Brunswick reports 4Q, year-end results

Brunswick Corp. today reported results for the fourth quarter and full year of 2012, announcing a fourth-quarter net loss of $16.1 million. In early January, the company said it intends to exit its Hatteras and Cabo boat businesses. Those businesses are reported as discontinued operations for all periods presented in the earnings report and the…more

Brunswick adds to Hatteras and Cabo layoffs

Hatteras Yachts and Cabo Yachts announced another round of layoffs, the second since parent company Brunswick Corp. said the brands were up for sale earlier this month. Another 40 people at the Hatteras and Cabo Yachts plant in New Bern, N.C., were told by officials Thursday that their jobs were cut, according to the New…more

Bayliner adds 16-foot Element to lineup

Brunswick Corp. announced the introduction of the Bayliner Element, a new addition for the 2013 model year. “Whether you’re rekindling a passion for boating or launching into the boating lifestyle for the first time, the Bayliner Element is your way in,” the company wrote in a statement. The company touts the new model, which moves…more

Brunswick schedules 4Q results

Brunswick Corporation will release its fourth-quarter 2012 financial results Jan. 24 before the market opens. The full-text results will be available on the company’s website. Brunswick will hold a conference call at 10 a.m. CST Jan. 24, hosted by CEO Dustan McCoy, senior vice president and CFO Peter Hamilton, vice president and treasurer William Metzger,…more

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