Navico

 

Egersund, Norway – Navico, a division of Brunswick Corporation’s (NYSE: BC) Advanced Systems Group (ASG), and a leading global marine electronics company of the Lowrance®, Simrad®, B&G®, and C-MAP® brands, announced the planned expansion of its Ensenada, Mexico facility over the next 16-18 months. The additional space will be used to increase vertical integration, production capability and to support volume growth in order to fulfil the record demand for Navico’s award-winning products. This marks Navico’s first major expansion since joining Brunswick in October 2021 and is expected to create more than 100 jobs in the Ensenada community.

The capital investment will include the construction of a new 50,500 sq. foot building with 47,200 sq. feet of that as dedicated production space to support sales growth and the ability to launch and manufacture new products in the plant. This is Brunswick’s fifth planned expansion announcement in the past year adding more than one million square feet of production capacity.

“We continue to build incredible momentum in the business and believe it’s the right time to expand our capacity to boost production of new and existing product lines to serve the increased demand from our customers,” said Knut Frostad, CEO of Navico. “Being part of ASG now for six months has only strengthened our outlook for future growth of product demand from customers, partners and OEM boat builders.”

“This expansion will allow us to vertically integrate to support the continued growth of Navico and support the growing demand for our products which continue to exceed supply,” said Brett Dibkey, Advanced Systems Group president. “We have an immediate need to increase capacity to meet the needs of our global customers and this is an exciting step for ASG to not only increase capacity, but also create new jobs in Ensenada. We are excited to be able to work with the community and help support the local economy while expanding production for our award-winning Navico brands.”

The expansion will include installation of the latest technology for Navico’s production lines to provide its brands with even more capabilities during manufacturing and the ability to support higher tech components in product design.

For more information on the Navico brands, please visit www.lowrance.com, www.simrad-yachting.com, www.navico-commercial.com, www.bandg.com and www.c-map.com.

 

About Navico

Navico, a division of Brunswick Corporation’s (NYSE: BC) Advanced Systems Group, is a leading global marine electronics company selling products under the Lowrance®, Simrad®, B&G®, and C-MAP® brands with over 240 years of combined heritage serving the navigation needs of both recreational boaters and commercial marine segments. Navico has over 2,000 employees globally and distribution in more than 100 countries worldwide. For more information, visit navico.com.

 

About Brunswick

Headquartered in Mettawa, Ill., Brunswick Corporation’s leading consumer brands include Mercury Marine outboard engines; Mercury MerCruiser sterndrive and inboard packages; Mercury global parts and accessories including propellers and SmartCraft electronics; Advanced Systems Group, which includes industry-leading brands such as Simrad, Lowrance, C-MAP, B&G, MotorGuide, Attwood, Mastervolt, RELiON, Blue Sea Systems, CZone, and ASG Connect system integrators; Land ’N’ Sea, BLA, Payne’s Marine, Kellogg Marine, and Lankhorst Taselaar marine parts distribution; Mercury and Quicksilver parts and oils; Bayliner, Boston Whaler, Crestliner, Cypress Cay, Harris, Heyday, Lowe, Lund, Princecraft, Quicksilver, Rayglass, Sea Ray, Thunder Jet and Uttern boats; Boating Services Network, Freedom Boat Club and Boat Class. For more information, visit brunswick.com.