Genmar Holdings , Inc.

Industry:	Boats & Submarines
Ranking:	Private 500
Revenues:	$1.1 Billion
Employees:	4,875

Description

Genmar is one of the world's largest manufacturers of recreational boats, offering a diverse line of boats made by industry-leading brands such as Carver®, Champion ®, Four Winns®, Glastron®, Hydra-Sports®, Larson®, Marquisâ„¢, Ranger®, Seaswirl®, Stratos®, Triumph® and Wellcraft®. Genmar has over 1,000 independent authorized dealers covering all 50 states and six continents.

Genmar has been an industry leader in using and developing new technology to build boats that are the envy of the boating industry and increase efficiency in the manufacturing processes. Genmar developed the VEC® and Roplene® technologies and expects to extend from a boat manufacturer and marketer to a company that develops unique manufacturing processes for marine and nonmarine industries.

The quality that goes into Genmar's manufacturing process has not gone unrecognized, gaining the attention of prominent organizations nationwide and earning several noteworthy awards. VEC® Technology won the Environmental Protection Agency's prestigious Clean Air Excellence Award in 2002 and was selected by the editors of Popular Mechanics to receive a 2001 Design and Engineering Award.

Products & Services

recreational boats

News Archive

Deadly coincidence: Ex-spouses both hit same van; A motorist inspecting damage from a fender-bender was struck minutes later and killed. The drivers of the two other vehicles were a divorced couple driving separately in Holdingford.(NEWS) Star Tribune (Minneapolis, MN); 12/11/2009 ...No one else was hurt. Denny Doble said his brother drove a semitrailer truck "20-some years over the road" for Genmar Holdings in Little Falls, Minn. "Never had an accident." Gaulrapp had been friends with Fred Doble ever since he moved... ...more

Jacobs bids for his own company; Bankrupt boat builder Genmar Holdings has been seeking a buyer since August.(BUSINESS) Star Tribune (Minneapolis, MN); 11/4/2009 ...businessman Irwin Jacobs is trying to buy the business back. Jacobs said Tuesday he expects to be the high bidder for Genmar Holdings Inc., which began looking for buyers after being unable to reach an agreement with the company's unsecured creditors... ...more

Jacobs clears deck for Genmar bid; The longtime CEO of the boat builder is resigning so he can bid for the company in bankruptcy court free of conflicts of interest.(BUSINESS) Star Tribune (Minneapolis, MN); 11/10/2009 ...STAFF WRITER Irwin Jacobs, longtime captain of Genmar Holdings Inc., is stepping down as the boatmaker heads to...unrelated party to the debtor." Minneapolis-based Genmar Holdings Inc., whose lineup of boat brands includes Glastron... ...more