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The sales netted a much needed $248 million in cash for OMC. One portion of the money was used for capital improvements for its boatbuilding facilities while another portion was invested in building a new Suncruiser aluminum pontoon boat. Despite the large expenditures, OMC's decision to focus on boatbuilding proved to be a good one.
Crest Marine LLC is a boat manufacturer in Owosso, Michigan which makes Crest Pontoons. The pontoon boats were originally built by Maurell Products, whose owner Maurice Schell ran the company for almost 50 years. [1] [2] In 2010 the company was purchased by a small group of Detroit, Michigan-based investors who renamed the business Crest Marine ...
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, 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 ...
In 2012, BRP discontinued sport boat production, citing a decline in global sales in the marine industry. This meant the loss of 350 jobs, including most of those at a plant in Benton, Illinois. [15] The Sea-Doo Spark which was released in 2014 was aimed to attract new buyers to the decreasing PWC market.
The company was founded by Forest City, Iowa businessman John K. Hanson in February 1958. At the time, the town, located in Winnebago County, Iowa, was undergoing an economic downturn, so Hanson and a group of community leaders convinced a California firm, Modernistic Industries, to open a travel trailer factory in a bid to revive the local economy.
This initiative created the Corsair fiberglass division of Chris-Craft. The Corsair boats were made by Thompson Boat Company of New York in Cortland. In late 1964 Thompson Bros. Boat Mfg. Co. at Peshtigo, Wisconsin subcontracted with Crownline, Inc. of Cairo, Illinois to have the latter make fiberglass boats for them. This was a low-cost means ...