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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.
Outboard Marine Corporation (OMC) was a maker of Evinrude, Johnson and Gale Outboard Motors, and many different brands of boats. It was a multibillion-dollar Fortune 500 corporation. [ 1 ] Evinrude began in Milwaukee, Wisconsin in 1907.
The original company that made Johnson inboard motors and outboard motors was the Johnson Brothers Motor Company of Terre Haute, Indiana, United States. They started building inboard 2-cycle marine engines in 1903 in a barn behind the house, along with matching boats. By 1908, they were making V4, V6, V8, and V12 aircraft and marine engines.
The inboard boat motor firm of Caille Motor Company of Detroit were instrumental in making the cylinder and engines. The most successful early outboard motor, [ 16 ] was created by Norwegian-American inventor Ole Evinrude in 1909. [ 18 ]
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]
In 2011, Tohatsu and Evinrude Outboard Motors made a deal to make smaller engines ranging from 15 HP and down with Evinrude decals. [12] All outboard engines sold in North America by the now-defunct Nissan Marine were rebadged Tohatsus. [13] Tohatsu four stroke outboard engines above 50 HP sold in North America after 2013 are rebadged Honda ...
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