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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 Quicksilver, Uttern and Valiant boat brands.
A pleasure boat with two lengthwise pontoons. A pontoon boat is a flattish boat that relies on floats to remain buoyant. These pontoons (also called tubes) contain much reserve buoyancy and allow designers to create large deck plans fitted with a variety of accommodations including expansive lounge areas, stand-up bars, and sun pads.
Genmar Holdings, Inc. was the second largest manufacturer of recreational motor boats, [1] founded in 1978. [2] It was headquartered in Minneapolis, Minnesota with offices in Little Falls, Minnesota and Cadillac, Michigan. [2] In 2009, the company filed for Chapter 11 Bankruptcy. [3]
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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.
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The sale was completed in January 2009, to Fincantieri. The net purchase price in the all-cash deal was approximately $120 million. [4] Since its founding, Marinette Marine has produced more than 1,300 vessels.
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