Brunswick Boat Group

The Brunswick Boat Group, headquartered in Knoxville, Tennessee, United States, is the largest maker of pleasure boats in the world. The company's net sales were US$1.7 billion in 2008,[2] and US$1.0 billion in 2012.[1] The Boat Group makes Sea Ray, Bayliner and Meridian pleasure boats; Boston Whaler offshore fishing boats; and Crestliner, Cypress Cay, Harris (formerly FloteBote), Lowe, Lund, Princecraft fishing, deck and pontoon boats. Brunswick is one of the largest boat makers by units in Europe, with Quicksilver, Uttern and Valiant boat brands. Brunswick also owns the New Zealand boat brand, Rayglass. Brunswick markets its specialty boats through Brunswick Commercial and Government Products. Attwood and Kellogg boat parts and accessories, once a part of the group, are now a part of the Mercury Marine group.[1][3][4]

Brunswick Boat Group
TypeDivision
IndustryBoat building
Founded2000
Headquarters,
ProductsMotorboats
RevenueUS$1.0 billion (2012)[1]
Number of employees
4,400 [1]
ParentBrunswick Corporation
SubsidiariesBayliner, Boston Whaler, Lowe Boats, Sea Ray

History

The Brunswick Boat Group (BBG) was formed in 2000 to manage the Brunswick Corporation's nearly 45 boat brands. The parent company is traded on the New York Stock Exchange under the symbol BC. From 2000 to 2005 the BBG doubled in size and acquired 13 additional brands.[5]

The global economic downturn led the Brunswick Boat Group to close more than a dozen plants and reduce its workforce by about 10% after its sales fell more than 16% in 2008.[6]

Subsidiaries

Current subsidiaries include:[1][7]

Former subsidiaries:[5][8]

Notes:

  1. Now a part of the Mercury Marine group.
  2. Discontinued in 2009.
  3. Marine Products Corporation purchased Robalo from Brunswick in June 2001.[9]
  4. Marine Products Corporation acquired the Wahoo! trademark when it purchased Robalo from Brunswick in June 2001.[9]

See also

References

  1. "Brunswick Corporation At-A-Glance" (PDF). Brunswick Corporation. Retrieved January 5, 2014.
  2. "Brunswick Corporation: Fact Sheet" (PDF). Brunswick.com. Retrieved 2013-08-11.
  3. "Knoxville, Tenn.-based Brunswick Boat Group regroups to build a better boat". Highbeam.com. Archived from the original on 2012-10-26. Retrieved 2013-08-11.
  4. "Google Finance: Stock market quotes, news, currency conversions & more". Google.com. Retrieved 2012-03-04.
  5. "Company | History | Interactive Timeline". Brunswick. Retrieved 2012-03-04.
  6. "Sea Ray Boats, Inc.: quotes & news - Google Finance". Google.com. Retrieved 2012-03-04.
  7. "Brands | Marine - Boats". Brunswick. Retrieved 2012-03-04.
  8. "Bayliner Customer Care". Bayliner Customer Care. Retrieved 2012-03-04.
  9. "Edgar Filing: Marine Products Corp - Form 10-K". Marketplace. Retrieved January 5, 2014.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.