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Outboard Marine Corporation sometimes referred to as Outboard Motor Company was formed in 1929 when ELTO was merged with Lockwood-Ash Motor Company. 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 ...
OMC declared chapter 11 bankruptcy in 2000 and its assets were subsequently acquired by Bombardier Recreational Products, which continued to build Evinrude branded outboard motors. On May 27, 2020, BRP announced that they would be retiring the Evinrude brand and would exit the outboard boat motor market, in favor of manufacturing recreational ...
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".)
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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Another use of the V4 engine is in outboard motors for boats. The V4 configuration is popular for outboard marine applications due to its short engine length. In 1958, both Johnson and Evinrude introduced 70.7 cu in (1,159 cc) V4 outboards rated at 50 hp (37 kW) and weighing 200 lb (91 kg). [24]
Evinrude's father had emigrated from Norway in 1882 and had developed the first commercially feasible outboard motor, thus creating a new industry and form of recreation. In 1927, Evinrude joined the family firm, Elto Outboard Motor Company after two years at the University of Wisconsin–Madison. Ole Evinrude died on July 12, 1934, and Ralph ...
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