Evinrude, of Sturtevant, Wis., is a maker of outboard engines and one of the brands of Valcourt, Quebec-based Bombardier Recreational Products.
BRP will focus on new projects, development of boat companies.
More schools are receiving outboards through the program, so students “will be better prepared to enter the workforce.”
But North American outboard sales fell by “mid-teen” percentage points, according to the company.
BRP’s five-year plan includes a new type of Evinrude propulsion called Project Ghost, which disappears beneath the transom.
Evinrude’s president hopes to reinvent the engine builder by integrating its 2-stroke E-TEC outboards into its new boat brands, and providing a more “fact-based” narrative against 4-stroke competitors.
Declines in outboard sales were mostly offset by revenues from boat-company acquisitions.
After closing the Telwater deal, Jose Boisjoli says BRP has no plans to acquire other boat brands.
Evinrude introduces three new outboards aimed at the heart of the recreational boating market.
The addition of Alumacraft and Triton raised quarterly revenues, though a decline in outboard sales offset the increases.
Tracy Crocker says that acquisitions are just the beginning.
Laurent Beaudoin will step down and become Chairman Emeritus.
The engines will help with training as the industry deals with the technician shortage.
NMMA reports the shipments in high-horsepower categories jumped in year-to-date tracking through November.
Engine builder earns recognition from state of Wisconsin for sustainability.
The company saw a decline in outboard engine sales but gains in personal watercraft.
BRP Evinrude Technology Institute will train technicians in marine engines, motorcycles, boats, PWC and ATVs.
E-TEC G2 engine information is displayed on plotter screens.
The outboard builder received the Red Dot Award for its E-TEC G2 outboard.
The engine manufacturer implemented an energy recovery system for its Outboard Endurance Test Center.
Terms of the sale were not disclosed, and the transaction is expected to be completed in the third quarter of BRP’s fiscal year 2019.
The Rotax ACE 300 displaces 1.6 liters and has a redesigned supercharger with a faster-spinning, 32-blade wheel.
Nando Zucchi is vice president of marketing and international business development.
BRP said it is making a long term strategic play in forming its Marine Group with the Alumacraft acquisition, rather than making purchases simply for economic benefit.
Evinrude announced today that it is now a part of the newly established BRP Marine Group with the acquisition of Alumacraft.