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Crest Marine LLC is a boat manufacturer in Owosso, Michigan which makes Crest Pontoons. The pontoon boats were originally built by Maurell Products, whose owner Maurice Schell ran the company for almost 50 years. [1] [2] In 2010 the company was purchased by a small group of Detroit, Michigan-based investors who renamed the business Crest Marine ...
The Brunswick Boat Group is an American pleasure boat manufacturer. Headquartered in Knoxville, Tennessee , United States , it is the largest maker of such craft in the world. Net sales were US$ 1.7 billion in 2008, [ 2 ] and US$ 1.0 billion in 2012.
Brunswick then merged Navman, based in Auckland, New Zealand, with Northstar to make Northstar/Navman a supplier to the Brunswick Boat Groups. Brunswick also acquired Mx-Marine. When George Buckley, CEO at the time, left to join 3M in 2006, new leadership decided to sell Northstar, Navman and Mx-Marine.
The latest industry data we have shows the pontoon industry was down 11% in 2024 as OEMs continue to work down inventory and consumers decided to forgo larger discretionary purchases.
The sales netted a much needed $248 million in cash for OMC. One portion of the money was used for capital improvements for its boatbuilding facilities while another portion was invested in building a new Suncruiser aluminum pontoon boat. Despite the large expenditures, OMC's decision to focus on boatbuilding proved to be a good one.
The company was founded by Forest City, Iowa businessman John K. Hanson in February 1958. At the time, the town, located in Winnebago County, Iowa, was undergoing an economic downturn, so Hanson and a group of community leaders convinced a California firm, Modernistic Industries, to open a travel trailer factory in a bid to revive the local economy.
Pontoon boat designs have changed significantly since the early 2000s, with boats now featuring larger tubes, increased engine horsepower, and cuddy cabins. [4] Pontoon boats are used for pleasure on lakes and rivers, and in some cases on oceans close to shore. Pontoon watersport activities include tubing, waterskiing, and wakeboarding.
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