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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.
After manufacturing their first outboard motor in 1965, the 5.5 horsepower D55, Suzuki continued producing outboard motors. in 1987, the two-stroke, V6 DT200 Exante engine won the company’s first accolade: the "Most Innovative Products" award from the National Marine Manufacturers Association (NMMA) of the U.S. [6]
The first Uniflite boat an all fiberglass 17' outboard. Uniflite soon added a 14', an 18' and a 20' outboard and inboard/outboard boats, followed by a 25' express cruiser followed by a 31' and a 34' boat. Uniflite was the only boat builder exclusively using fire-retardant resins in the production of pleasure boats. [citation needed]
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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In 1961 the company merged with the Brunswick Corporation. The company introduced the MerCruiser stern-drive line at the 1961 Chicago Boat Show. The line would later take over 80 percent of the world market. [4] For 1962, the Merc 1000 became the new top of the line in line 6, offering 100 hp. It was somewhat of a sensation.
From January 2008 to April 2008, if you bought shares in companies when Marcus C. Bennett joined the board, and sold them when he left, you would have a 0.8 percent return on your investment, compared to a -5.4 percent return from the S&P 500.
The first known outboard motor was a small 11 pound (5 kg) electric unit designed around 1870 by Gustave Trouvé, [9] and patented in May 1880 (Patent N° 136,560). [10] Later about 25 petrol powered outboards may have been produced in 1896 by American Motors Co [9] —but neither of these two pioneering efforts appear to have had much impact.
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