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Evinrude Outboard Motors was a North American company that built a major brand of two-stroke outboard motors for boats. Founded by Ole Evinrude in Milwaukee , Wisconsin in 1907, it was formerly owned by the publicly traded Outboard Marine Corporation (OMC) since 1935 but OMC filed for bankruptcy in 2000.
They began using the name OMC in 1956. Outboard Marine Corporation was the world's largest manufacturer and supplier of outboard motors and second largest producer of powerboats. Based in Waukegan, Illinois the company had become famous for its brand-name Johnson and Evinrude outboard motors, as well as its Chris-Craft and Grumman powerboats ...
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.
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 D-400 series engine or the Iron Horse engine was a light-duty two-stroke engine used for powering lawnmowers produced from the 1950s to the late 1970s. D-400 engines were single-cylinder engines designed and manufactured by the Outboard Marine Corporation (OMC; Johnson and Evinrude) for Lawn-Boy [2] and Masport.
In 2001 Bombardier purchased the Evinrude Outboard Motors and Johnson Outboards trade names for the insolvent Outboard Marine Corporation. [19] In 2003, the company sold Bombardier Recreational Products to a group of investors: Bain Capital (50%), Bombardier Family (35%) and Caisse de dépôt et placement du Québec (15%) for $875 million. [20]
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