The Brunswick Corporation, formerly known as the Brunswick-Balke-Collender Company, is an American company that manufactures a wide variety of products. The company's logo has changed several times over the years, with the most recent logo embodying the company's commitment to fresh ideas, creativity, and ingenuity. The company is traded on the New York Stock Exchange under the symbol BC.
Characteristics | Values |
---|---|
Full Name | Brunswick Corporation |
Founded | 15th September 1845 |
Founder | John Moses Brunswick |
Headquarters | Mettawa, Illinois |
No. of Employees | 13,000 |
No. of Countries Operating In | 24 |
Sales (2021) | $5.8 billion |
Stock Ticker Symbol | BC |
The logo
The Brunswick Corporation logo has undergone several changes since the company's inception in 1845. The logo has evolved alongside the company's expansion and diversification into various industries, reflecting its changing identity and business focus. Here is a description of some key logo designs throughout Brunswick Corporation's history:
- The Early Years: In its early days, the company operated under different names, including "J.M. Brunswick Manufacturing Company," "J.M. Brunswick & Bro," and "J.M. Brunswick Billiard Manufacturing Company." During this period, the company's visual identity likely reflected the carriage-making and woodworking nature of its business.
- The Brunswick-Balke-Collender Company: In 1884, the company became known as the "Brunswick-Balke-Collender Company" after a series of mergers. The logo during this era may have incorporated elements reflecting the company's growing presence in the billiards and sporting goods market.
- The 1930s: As the company went public in 1924 and navigated the challenges of the Great Depression, its logo likely reflected a sense of stability and resilience. This period saw the company diversify into new areas, such as phonographs and medical supplies.
- The 1950s: With the introduction of the automatic pinsetter for bowling alleys, Brunswick Corporation experienced tremendous success and growth. The logo during this time may have emphasised the company's innovation and market leadership in the bowling industry.
- The 1960s: In 1960, the company changed its name to "Brunswick Corporation." The logo adopted at this time probably reflected a more modern and streamlined aesthetic, signalling the company's evolution and expansion into new industries.
- The 1970s: During the 1970s, Brunswick Corporation continued to diversify, with Jack Reichert taking over as president in 1977. The logo may have incorporated a more dynamic and forward-looking design, reflecting the company's growth and entry into new markets.
- The 1980s: The 1980s marked a significant shift in focus for Brunswick Corporation as it divested itself of non-marine recreational operations and doubled down on the marine and powerboat industry. The logo during this era likely emphasised the company's marine and boating expertise.
- The 1990s: In the 1990s, Brunswick Corporation expanded its recreational offerings once again, including bicycles, camping equipment, and exercise equipment. The logo designs during this decade may have incorporated more vibrant colours and playful elements to appeal to a wider range of consumers.
- The 2000s: With the turn of the millennium, Brunswick Corporation continued to evolve and adapt to market changes. The logo may have incorporated more modern design elements, reflecting the company's commitment to innovation and its diverse range of products.
- The Current Logo: The most recent logo update for Brunswick Corporation embodies the company's commitment to fresh ideas, creativity, and ingenuity. It is designed to reflect the company's dedication to enhancing the industries in which it operates and providing exceptional experiences for its customers.
Savannah to Brunswick: Coastal Georgia Road Trip
You may want to see also
The company's history
The history of Brunswick Corporation stretches back to 1845 when it was founded by John Moses Brunswick, a Swiss immigrant who set up a carriage-making business in Cincinnati, Ohio. However, after being introduced to the game of billiards, he soon shifted his focus to manufacturing billiard tables, which proved to be a commercial success.
Over the following decades, the company expanded its product line to include bowling equipment, bars for saloons, and sporting goods. In the early 20th century, the company diversified further, manufacturing products such as toilet seats, automobile tires, and phonographs.
During World War II, the company contributed to the war effort by manufacturing small target-drone aircraft for the US military. Post-war, Brunswick introduced a line of school furniture and began developing automated machinery for bowling alleys, such as the "Model A" Mechanical Pinsetter.
In the latter half of the 20th century, Brunswick continued to expand and diversify, acquiring several companies and establishing itself in the boating and marine industry. It also ventured into the medical supply business and began manufacturing fitness equipment.
In the 21st century, Brunswick has continued to adapt and evolve, selling off some business units and acquiring others to focus on its core marine and fitness businesses. It remains one of the longest continually publicly-traded companies on the New York Stock Exchange.
Brunswick's Grip on Bowling: Monopoly?
You may want to see also
Its subsidiaries
Brunswick Corporation has a vast portfolio of subsidiaries, with a focus on boating, marine engines, and marine parts and accessories. The company has expanded into other areas, including sporting goods, medical products, and fitness equipment. Here is a detailed overview of its subsidiaries:
Boating Brands:
Brunswick owns several major boating brands, including Sea Ray, Boston Whaler, Bayliner, Mercury Marine, Attwood, Lund, Crestliner, Mastervolt, MotorGuide, Harris Pontoons, Freedom Boat Club, Princecraft, Heyday, Lowe, Uttern, Quicksilver, and CZone. The company has acquired many of these brands over the years to solidify its position in the recreational boating market.
Marine Engines and Parts:
Mercury Marine is Brunswick's flagship brand for marine engines and parts. Under the Mercury Marine brand, they offer a range of products, including Mercury Diesel, Mercury MerCruiser, and Mercury Racing. Additionally, Brunswick has expanded its marine parts and accessories business through acquisitions, including companies like Land 'N' Sea, Attwood, Kellogg Marine, and Lankhorst Taselaar.
Bowling and Billiards:
Brunswick has a long history in the bowling and billiards industry. While they exited the bowling business in 2015, they have retained their heritage billiards business. They continue to produce billiard tables and bowling equipment under the Brunswick brand and have introduced new lines of game room furniture.
Fitness Equipment:
Brunswick expanded into the fitness equipment industry with the acquisition of Life Fitness in 1997. Life Fitness has since become a leading brand in commercial and consumer fitness equipment, offering treadmills, cross-trainers, and strength training equipment. In 2018, Brunswick announced the separation of the fitness business as Life Fitness Holdings.
Sporting Goods:
Although Brunswick has since divested many of its sporting goods businesses, it once had a diverse portfolio in this area. The company acquired well-known brands like Zebco, Granger Adanac golf clubs, and Red Head. They also manufactured and marketed a forerunner of the modern snowboard called the Snurfer.
Medical Products:
Brunswick entered the medical products business in the 1960s and became one of the nation's largest marketers of hospital and medical equipment. They acquired companies like A.S. Aloe Company, Sheridan Catheter, and Instrument Corporation. However, they eventually divested their medical products businesses to focus on other core areas.
Finance and Insurance:
Brunswick has a range of finance and insurance subsidiaries, including Brunswick Acceptance Company, Brunswick Dealer Advantage, Freedom Boat Club, and Mercury Repower Finance. These subsidiaries provide financial services and insurance offerings to support their customers and dealers.
Other Subsidiaries:
Brunswick also has a diverse range of other subsidiaries that support their core businesses. This includes companies like Advanced Exercise Equipment, Bluewater Marine Group, Brunswick Bermuda International Holdings, Brunswick Boat Manufacturing, Brunswick Boats, and Brunswick Singapore Holdings. These subsidiaries are spread across various jurisdictions and support the company's global operations.
Lady Slippers: Endangered in New Brunswick's Nature?
You may want to see also
Its acquisitions
Brunswick Corporation, formerly known as the Brunswick-Balke-Collender Company, has been developing, manufacturing, and marketing a wide variety of products since 1845. The company has acquired several businesses over the years, with 16 acquisitions in total, including 4 in the last 5 years. Here is a detailed overview of some of its notable acquisitions:
Navico:
In 2021, Brunswick Corporation completed the acquisition of Navico, a global leader in marine electronics and sensors, for $1.05 billion. Navico is a privately held global company based in Egersund, Norway, serving the recreational and commercial marine markets. With this acquisition, Brunswick added industry-leading Navico brands such as Lowrance, Simrad, B&G, and C-MAP to its Advanced Systems Group (ASG). This acquisition aligned with Brunswick's ACES strategy, focusing on autonomy, connectivity, electrification, and shared access.
Fanautic Club:
Brunswick Corporation successfully acquired Fanautic Club, one of the largest boating clubs in Europe, with 23 locations in Spain. This acquisition was facilitated by the legal team from Roca Junyent and accelerated the growth of Brunswick's Freedom Boat Club division in Europe.
Power Products – Global Marine & Mobile business:
In 2018, Brunswick Corporation acquired the Global Marine & Mobile business of Power Products from a private equity firm, Genstar Capital, for $910 million in cash. This acquisition included various business segments, such as global marine, specialty vehicle, mobile, industrial power, and transportation aftermarket products.
Hatteras Yachts:
In 2001, Brunswick Corporation expanded its presence in the yachting industry by acquiring Hatteras Yachts from Genmar Industries for approximately $80 million.
Lowe Boats:
Brunswick Corporation added to its boating brands by acquiring Lowe Boats in 2004.
Northstar Technologies:
Also, in 2004, Brunswick acquired Northstar Technologies, a leading marine electronics provider based in Acton, Massachusetts. They merged Northstar with Navman to create Northstar/Navman, a supplier to the Brunswick Boat Groups.
These acquisitions demonstrate Brunswick Corporation's strategic focus on expanding its marine and boating-related businesses, strengthening its position in the market, and diversifying its product offerings.
Princeton, NJ: A Short Drive Away
You may want to see also
Its products
The Brunswick Corporation has been manufacturing and marketing a wide variety of products since 1845. The company owns major boating brands, including Sea Ray, Bayliner, Boston Whaler, Mercury Marine, Attwood, Lund, Crestliner, Mastervolt, MotorGuide, Harris Pontoons, Freedom Boat Club, Princecraft, Heyday, Lowe, Uttern, Quicksilver, and CZone, among many others. The Brunswick Boat Group, a subsidiary of the Brunswick Corporation, is the largest maker of pleasure boats in the world.
In addition to boats, Brunswick also manufactures marine engines under the Mercury Marine brand name. Mercury Marine is one of the world's leading manufacturers of marine propulsion systems, as well as marine parts and accessories. The company's engines are known for their performance and speed, in addition to being highly reliable.
Over the years, Brunswick has expanded its product line to include diverse items such as toilet seats, automobile tires, and phonographs. They also ventured into the music business, creating the Brunswick Record label in the early 20th century. During World War II, the company contributed to the war effort by manufacturing small target-drone aircraft for the U.S. military. Post-war products included a line of school furniture and bowling equipment.
In the 1980s, Brunswick became a prominent maker of yachts and pleasure boats. They also supplied the U.S. military with camouflage nets and radomes for the Patriot missile during the Gulf War. More recently, in 2018, Brunswick acquired Power Products – Global Marine & Mobile business, which includes marine, specialty vehicle, and transportation aftermarket products.
Brunswick's commitment to innovation and market leadership has led to a diverse portfolio of products and services, solidifying its position as a leading American corporation with a global reach.
Foster Parenting: New Brunswick Requirements
You may want to see also
Frequently asked questions
The symbol of Brunswick Corporation is BC.
Brunswick Corporation's global headquarters is in the northern Chicago suburb of Mettawa, Illinois.
Brunswick Corporation, formerly known as the Brunswick-Balke-Collender Company, is an American corporation that has been developing, manufacturing and marketing a wide variety of products since 1845. Brunswick has more than 13,000 employees operating in 24 countries.
Brunswick owns major boating brands, including Sea Ray, Boston Whaler, Bayliner, Mercury Marine, Attwood, Lund, Crestliner, Mastervolt, MotorGuide, Harris Pontoons, Freedom Boat Club, Princecraft, Heyday, Lowe, Uttern, Quicksilver and CZone, among many others.