Bombardier Recreational Products News
Bombardier Recreational Products News Page
This page covers news surrounding the marine products of Bombardier Recreational Products (BRP). Historical coverage of Outboard Marine Company (original manufacturer of Evinrude and Johnson outboard motors) can be found on our
OMC News page. Events surrounding the sale of the outboard product lines to Bombardier can be found on our Whats Next for OMC page.
Brief Recent History
Sept. 1997 - Greenway acquired the financially struggling OMC
22 Dec 2000 - OMC filed for bankruptcy
Feb 2001 - The outboard product lines were sold to Bombardier in a bankruptcy auction.
3 Apr 2003 - Bombardier announced plans to sell its Recreation Division (boats and motors), perhaps to the Bombardier family
27 August 2003 - Bombardier announced sale of their Recreation unit to the Bombardier family for $875 million
On 9 November 2004, Bombardier Recreational Products released a
press release announcing they would be cutting 800 jobs and selling off two of their outboard component factories. They cite the rise in the Canadian dollar as compared to the U.S. dollar, rising oil prices and rising commodity prices as the reason. Market share was not listed as reason.
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