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The first known outboard motor was a small 11 pound (5 kg) electric unit designed around 1870 by Gustave Trouvé, [9] and patented in May 1880 (Patent N° 136,560). [10] Later about 25 petrol powered outboards may have been produced in 1896 by American Motors Co [9] —but neither of these two pioneering efforts appear to have had much impact.
Subsidiaries include Mercury Precision Parts and Accessories as well as Mercury propellers and Mercury Jet Drives. Mercury outboards 30 hp and below are manufactured by Tohatsu in Japan. [citation needed] Mercury developed a processor-enhanced line of outboards called the "Verado" outboard engine.
Evinrude Outboard Motors was a North American company that built a major brand of two-stroke outboard motors for boats. Founded by Ole Evinrude in Milwaukee , Wisconsin in 1907, it was formerly owned by the publicly traded Outboard Marine Corporation (OMC) since 1935 but OMC filed for bankruptcy in 2000.
Suzuki outboards have won several of the “Innovation Awards” awarded by the National Marine Manufacturers Association (NMMA). The NMMA is a trade association representing boat, marine engine and accessory manufacturers in the U.S. [8] Listed below are the Suzuki outboard models that have won the "Innovation Award": 1987: DT200 Exanté
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In 2001 Bombardier purchased the Evinrude Outboard Motors and Johnson Outboards trade names for the insolvent Outboard Marine Corporation. [19] In 2003, the company sold Bombardier Recreational Products to a group of investors: Bain Capital (50%), Bombardier Family (35%) and Caisse de dépôt et placement du Québec (15%) for $875 million. [20]