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To this day, outboard motors employ basically the same technology: a vertical crankshaft, horizontal flywheels, and set of bevel gears, but modern motors propel boats faster than the 1907 version (150 mph versus 5 mph). While Evinrude concentrated on the mechanical and engineering aspects of the new firm, he entrusted the bookkeeping and ...
Outboard Marine Corporation (OMC) was a maker of Evinrude, Johnson and Gale Outboard Motors, and many different brands of boats. It was a multibillion-dollar Fortune 500 corporation. [ 1 ] Evinrude began in Milwaukee, Wisconsin in 1907.
Ole Evinrude formed Evinrude Outboard Motors, which he sold in 1913 in order to look after his sick wife. In 1919, Evinrude invented a more efficient and lighter two-cylinder motor. Having sold his part in Clemick & Evinrude, he founded ELTO or the Elto Outboard Motor Company. (ELTO was an acronym for "Evinrude Light Twin Outboard".)
The most successful early outboard motor, [16] was created by Norwegian-American inventor Ole Evinrude in 1909. [18] Historically, a majority of outboards have been two-stroke powerheads fitted with a carburetor due to the design's inherent simplicity, reliability, low cost and light weight.
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The recent surge in shares has pushed Apple's price-to-earnings ratio to a near three-year high of 33.5, compared to 31.3 for Microsoft and 31.7 for Nvidia, according to LSEG data.