Brunswick Corp Stock Price, News & Analysis

Nextech AR Solutions Corp (OTCQB: NEXCF, NEO: NTAR) announces multiple CAD to POLY deals across various industries, including partnerships with Ford (NYSE: F), Brunswick Corporation (NYSE: BC), and Jacuzzi Brands. This collaboration validates their ARitize CAD technology, allowing efficient conversion of large CAD files into lightweight 3D models. With the global CAD market projected to reach $11 billion by 2023, Nextech aims to capitalize on the demand for 3D models, enhancing engagement in the metaverse and potentially driving higher sales.

Brunswick Corporation (NYSE: BC) will announce its fourth quarter and full year 2021 financial results on January 27, 2022, prior to market opening. The complete results will be publicly accessible on the Company’s website and via the SEC’s Form 8-K filing. A conference call will be held at 10 a.m. CST, featuring CEO David M. Foulkes and CFO Ryan M. Gwillim. Investors can join by calling designated numbers or streaming online. A replay will be available until February 3, 2022. For more details about Brunswick's offerings, visit brunswick.com.

On January 4, 2022, Brunswick Corporation (NYSE: BC) announced a virtual power purchase agreement (VPPA) with Vesper Energy to secure clean solar energy for its global operations. The deal aims to supply approximately 57 MW of renewable energy annually from Vesper's 500 MW Hornet Solar project in Texas, expected to be operational by late 2023. Brunswick's commitment to sustainability is underscored by various recognitions in 2021 for its ESG initiatives, including being included in Forbes' lists for diversity and responsibility.

Brunswick Corporation (NYSE: BC) announced its decision to not participate in-person at the 2022 Consumer Electronics Show (CES) due to rising COVID-19 infection rates and concerns surrounding the omicron variant. CEO Dave Foulkes confirmed that the company will engage virtually, promoting its Next Wave strategy and showcasing award-winning products through digital platforms. Brunswick plans to return to in-person participation at CES 2023.

Brunswick Corporation (NYSE: BC) announced its participation in the 2022 Virtual Consumer Electronics Show (CES) Media Days scheduled for January 5-8, 2022. CEO Dave Foulkes detailed the company's Next Wave strategy, focusing on ACES: autonomy, connectivity, electrification, and shared access. Highlighted innovations include Mercury's V12, 600HP Verado propulsion system, advancements in autonomous boating via augmented reality simulations, and a partnership with E1 racing series for electric powerboat technology. The media presentation can be viewed on Brunswick's official site.

Freedom Boat Club, part of Brunswick Corporation (NYSE: BC), has acquired the Rhode Island franchise operation, including all four current locations and rights for future expansion. This acquisition enhances Brunswick's growth strategy in top boating markets, following recent purchases in New York and Connecticut. With this expansion, Freedom Boat Club aims to strengthen its regional presence and operational efficiencies. The former franchise owner, Richard Cromwell, will assist in the transition, ensuring business continuity and the legacy of exceptional on-water experiences for members.

Freedom Boat Club, a part of Brunswick Corporation (NYSE: BC), announced the opening of its 300th location in Boston and Cape Cod, co-owned by franchisees Matt Carrick and Matt O'Connor. This marks an increase from 170 to 300 locations since Brunswick's acquisition in May 2019, growing total memberships to over 46,000 across 33 states, Canada, and Europe. The club completed over 425,000 boating trips in 2021, showcasing significant growth and commitment to enhancing the boating experience. The new location will open for the 2022 season at Safe Harbor Plymouth.

Brunswick Corporation (NYSE: BC) announces the appointment of Jill Wrobel as Executive Vice President and Chief Human Resources Officer (CHRO), effective December 8, 2021. Wrobel, who joined the company in December 2020, has previously led human resources strategy and will now oversee all HR functions. She succeeds Brenna Preisser, who has transitioned to focus on strategy and business acceleration. CEO Dave Foulkes praised the succession process and Wrobel’s contributions, emphasizing a commitment to enhancing workforce performance.

Brunswick Corporation (NYSE: BC) has announced a significant expansion of its boat manufacturing facility in Reynosa, Mexico, adding 150,000 square feet to its current footprint of 235,000 square feet. This expansion will increase production capacity by nearly 60%, supporting the growing demand for brands like Bayliner and Sea Ray. The investment will create over 600 jobs in the local community, with the first boat expected to be produced by late 2023. This move aligns with Brunswick's strategy for efficient growth and follows multiple expansions throughout 2021.