Thursday, May 28, 2020

Evinrude Brand Discontinued!

Company discontinues the manufacturing of outboard engines and agrees with market leader Mercury Marine to support boat packages
By Luigi De Rose
BRP seek new avenues in boat and technologies as they announce a global halt to the production of their Evinrude motors.  Founded by Ole Evinrude in Milwaukee, Wisconsin in 1907, it was formerly owned by the publicly traded Outboard Marine Corporation since 1935, but OMC filed for bankruptcy in 2000. BRP/Bombardier soon took over and eventually split the company. 
Here are some key elements from their press release:
Following our decision to discontinue E-TEC and E-TEC G2 outboard engines, we have signed an agreement with market leader Mercury Marine to support boat packages and continue to supply outboard engines to our boat brands.
We will continue to supply customers and our dealer network service parts and will honour our manufacturer limited warranties, plus offer select programs to manage inventory. These decisions will impact 650 employees globally.
Pursuing new opportunities within Build and Transform phases of strategy
With this announcement, BRP will be positioned to expand its presence in the pontoon and aluminum fishing markets through technologically advanced solutions. We will leverage our track record of ingenuity through our R&D resources to enhance the boating experience with unique new marine products, such as the next generation of engine technology with Project Ghost and the next generation of pontoons with Project M, code names for new products we expect to transform the industry.

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