Technology

Consumers are demanding increasing sophistication from the boats they buy, reflecting the conveniences and advances they have come to expect in modern automobiles. Marine technology companies are responding, developing smarter and more sophisticated electronics, cleaner, quieter and more powerful engines, and pod drives and joystick systems.

Garmin reports 2Q results

Garmin saw improvements in gross and operating profits, driven largely by fitness and aviation, with total revenue of $778 million for the second quarter.

Caterpillar buys back $2.5 billion in stock

Caterpillar Inc. today announced it entered into definitive agreements with Société Générale to purchase a total of $2.5 billion of its common stock under accelerated stock repurchase transactions.

Q&A with Yamaha Marine president Ben Speciale

Yamaha Marine Group president Ben Speciale’s enthusiasm extends beyond boats and motors, though there is no shortage of it there. He will talk and talk about cutting-edge technology. But when discussing the political process, he is nothing short of exuberant.

Marine journalists from around the globe were taken on a guided tour of the 33-acre, 400,000-square-foot production plant in Wisconsin.

BRP plan is a well-oiled machine

STURTEVANT, Wis. — BRP’s 2012 consolidation of its Evinrude outboard operations from Waukegan, Ill., to its plant here in Wisconsin was the start of a $15 million investment program focused largely on renovation and innovation.

Punching up the product line

FOND DU LAC, Wis. — Mercury Marine has further buttressed its second generation of mid-range outboard offerings with three new engines — 75-, 90- and 115-hp 4-strokes — and unveiled its first in-house-built sterndrive engine, a 4.5-liter 250-hp MerCruiser.

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