Brunswick Corporation Operations Update
by Michelle Voss 22 Jun 2023 16:38 PDT
Brunswick © Brunswick
On June 13, Brunswick Corporation (NYSE: BC) reported an IT security incident that impacted some of its systems and global facilities. The Company activated its response protocols, which included pausing operations in some locations, and engaging leading security experts and law enforcement to assist.
Since that time, thanks to the hard work of Brunswick's IT and business teams, and our many outside partners, Brunswick has made significant progress restoring the functionality of its systems and restarting operations at facilities where production or distribution was paused.
All primary Brunswick global manufacturing and most distribution facilities are now operational, with the remaining production and distribution facilities expected to restart within a few business days. The respective teams are working to ramp production and fulfill backorders across the businesses. Given the proximity of the production and distribution disruptions to the end of the second quarter, the process of catching up lost production and fulfilling backorders will continue through at least the third quarter. Brunswick appreciates the patience and support of its customers during this process.