Brunswick Corporation announces operational updates at Lowell Facility
by Brunswick Corporation 23 Jun 09:56 PDT
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Navico Group, a division of Brunswick Corporation (NYSE: BC), today announced operational updates at its Lowell, Michigan facility. The changes are intended to reduce fixed costs, improve efficiency, and support Brunswick's long-term growth.
The updates build on progress made at Lowell over the past 18 months. Navico Group will expand insourcing where it makes sense, use select outside partners and work more closely with other Brunswick divisions.
As part of the plan, Land 'N' Sea will use about 50,000 square feet of available space inside the Lowell facility for distribution operations. Land 'N' Sea will remain a separate business with its own leadership, operating model, and customer focus. Its headquarters are not moving.
These actions are expected to create a multi-million-dollar savings opportunity while improving how Brunswick uses its existing facilities and manufacturing capabilities.
"The Lowell team has made strong progress over the past 18 months, improving margin, productivity, safety, quality, and on-time delivery," said Aine Denari, Navico Group president. "This next phase builds on that work. By better using our space and capabilities, and by working more closely across Brunswick, we can improve efficiency while continuing to support U.S.-based manufacturing."
Navico Group will continue to review ways to use its footprint, talent, and capabilities more effectively as part of Brunswick's ongoing cost transformation work.