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Home > Company Index > Automotive & Transport Equipment > Pleasure Boats > Genmar Holdings, Inc.

Genmar Holdings, Inc.
 PROFILE
Genmar Holdings trolls for sales by cruising the pleasure-boat market with a line of luxury yachts, recreational powerboats, and fishing boats. The company builds more than 300 different boat models ranging in size from 50-foot yachts (servants not included) to fishing skiffs. Its brands include Glastron, Ranger, and Wellcraft. Genmar markets its boat through about 1,300 independent dealers in the US and 30 other countries. The company -- which is a combination of 12 different boat manufacturers acquired over 24 years -- is controlled by chairman Irwin Jacobs (investor and former corporate raider). In 2001, through JTC Acquisitions, Genmar acquired bankrupt Outboard Marine's US boating and trailer assets.

 COMPETITION
Brunswick Corporation (BC)
Fountain Powerboat Industries, Inc. (FPWR)
Yamaha Motor Co., Ltd. (dossier)

 FINANCIAL OVERVIEW
Fiscal Year-End: June
2000 Sales (mil.): 858.00
1-Yr. Sales Growth: 21.8%
Employees: 6,500
Revenue per employee: $132,000.00

 KEY PEOPLE
• Grant E. Oppegaard
    CEO
• Roger R. Cloutier
    CFO

 CONTACT INFO
100 S. 5th St., Ste. 2400
Minneapolis, MN 55402
US
Phone: 612-339-7600
Fax: 612-337-1930
Online: Web Site

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