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News Breaks | | | | March 4, 2013 | | 16:14 EDT |  | BC | Brunswick says production consolidation to reduce costs, shorten production time
"This action allows us to reduce production costs and shorten production cycle times of yachts. Further, the transition is planned so that we can take full advantage of initial retail demand for our new yacht models that we are bringing to the marketplace over the next two years. Concurrent with the transition, comprehensive marketing materials will be provided to our dealer network to support the pre-sale of the new yacht models under development. We can still support significant sales growth in these segments, as our post-consolidation manufacturing footprint will retain capacity to compete in a market in excess of 2.5 times current worldwide demand for yachts and motor yachts," said BBG President Andy Graves. | |
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| June 14, 2013 | | 11:50 EDT |  | BC | Brunswick price target lowered to $32.50 from $38 at B. Riley
Shares are Neutral rated. | | | 09:53 EDT | | BC | Brunswick Fort Wayne Operations announces new production facility
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