PROFILE |
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Man the lifeboats! Outboard Marine Corporation (OMC), once a leading manufacturer of outboard motors and small boats, is bankrupt and selling its assets. A subsidiary of Greenmarine Holdings, OMC marketed recreational boats under such names as Chris-Craft, Four Winns, and Seaswirl; fishing boats under the Stratos, Javelin, and Hydra-Sports names; and aluminum boats under the Lowe and Princecraft brands. OMC's outboard motors included the Evinrude and Johnson brands. After heavy losses in the 1990s the company was acquired by Greenmarine Holdings, a group led by Soros Management Fund affiliate Greenway Partners. An affiliate of Genmar Industries has acquired Outboard's boat assets; Bombardier has acquired its engine assets.
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FINANCIAL OVERVIEW |
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Fiscal Year-End: December
1999 Sales (mil.): 1,110.90
1-Yr. Sales Growth: 8.3%
Employees: 6,335
Revenue per employee: $175,359.12
KEY PEOPLE |
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Roger L. Fix
CEO
Eric Martinez
CFO
CONTACT INFO |
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100 Sea-Horse Dr.
Waukegan, IL 60085
US
Phone: 847-689-6200
Fax: 847-689-5555
Online: Web Site
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