Outboard Marine Corporation

Outboard Marine Corporation (OMC) was a maker of Evinrude and Johnson boat motors and many different brands of boats. Evinrude began in Milwaukee, Wisconsin in 1907. OMC was based in Waukegan, Illinois. They also owned several lines of boats such as Chris Craft, Lowe Boats, Princecraft, Four Winns, SeaSwirl, Stratos, and Javelin. OMC was also a parent company to Ryan, which made lawn mowers.

OMC sold 100,000 motors in 2000 and had one third of the outboard market. OMC filed for bankruptcy 22 December 2000 and laid off 7,000 employees.

The Johnson and Evinrude brands were won by bid in February 2001 by Bombardier Recreational Products and the boat division by Genmar Corporation of Minnesota. The former OMC plant #2 in Waukegan, Illinois is now a United States Environmental Protection Agency superfund cleanup site funded by taxpayers.

Read more about Outboard Marine Corporation:  History, Statistics, North American Factories, Principal Subsidiaries, Brand Names, Bankruptcy Notification

Famous quotes containing the words marine and/or corporation:

    God has a hard-on for a Marine because we kill everything we see. He plays His game, we play ours.
    Stanley Kubrick (b. 1928)

    It is truly enough said that a corporation has no conscience; but a corporation of conscientious men is a corporation with a conscience.
    Henry David Thoreau (1817–1862)