BNET Industries

Last Fiscal Year Sales:$1.0B
- Private
- US
Dow Jones Description
Genmar Transportation, Inc. ("GTI") operates 135 late model, fuel efficient Volvo tractors and approximately 240 modified step deck trailers. Generally, GTI is able to haul loads up to 48,000 pounds. GTI also has approximately 20 double drop expandable trailers which offer a wider variety of applications including oversize loads. Our professional drivers are well trained and experienced in hauling most types of step deck and flatbed freight. Boat hauling is very specialized and our equipment allows for a variety of freight configurations including non-boat freight. Our drivers also carry a full set of tarps for weather sensitive freight. GTI has two dispatch offices, one in Little Falls, Minnesota and one in Cadillac, Michigan. We also have a full truck shop at the Little Falls facility.
President
Roger CloutierNumber of Employees 5,000
Peer Companies
NAICS Code Administrative Management and General Management Consulting Services: 541611
Recent Events
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Jacobs clears deck for Genmar bid
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Wal-Mart hears plans for the future
News & Analysis
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genmar holdings inc. - All News and Analysis
Who builds what boats?
Diversification is the name of the game. Whether companies sell cars, soft drinks or sporting gear, the strategy is simple: appeal to a wide audience by selling a variety of different products. Large conglomerates like Brunswick Corp., Genmar Holdings and Tracker Marine Group are a significant part of the...
Newsclips.(Briefs)
Alcan sells cosmetic-packaging unit MONTREAL - Alcan Inc. has sold its French-based cosmetics-packaging business to an injection molder that will add blow molded products to its portfolio. Alcan, based in Montreal, sold its Decoplast unit June 7 to IPH Groupe Spid,...
Knox County, Tenn.-based boat maker faces attacks by competitors.
By Roger Harris, The Knoxville News-Sentinel, Tenn. Knight Ridder/Tribune Business News Oct. 22--A full-scale war of words is roiling the boating industry as Brunswick Corp.'s competitors launch public relations attacks against the industry's biggest boat maker. On Monday, Irwin...
Reichhold Receives Supplier Award from Genmar
RESEARCH TRIANGLE PARK, N.C. -- Reichhold, Inc. recently received the "2004 Special Recognition Award" from Genmar Holdings during the Brands of Genmar 2005 Dealer Meeting in Las Vegas, NV. The award recognizes Reichhold for excellence in customer service to the Genmar organization. In a letter accompanying the award, Genmar...
Brunswick making big splash.(Business)
Byline: Daily Herald news services Brunswick Corp., the Lake Forest-based maker of Sea Ray and Bayliner fiberglass boats, agreed to buy aluminum boat brands from Genmar Holdings Inc. for $191 million, allowing it to expand into a product line in which it has little...
Genmar Spins Off VEC Composites Technology into Stand Alone Company.
February 10, 2004 - Genmar Holdings Inc. of Minneapolis announced the successful spin-off of its VEC Technology business into a new stand-alone entity. The newly created company's official name is VEC Technology LLC, and, based upon the completed tra February 10, 2004 - Genmar Holdings Inc....
Pricey Boats Lead Way Industry Out of U.S. Sales Slump.
By Rick Barrett, Milwaukee Journal Sentinel Knight Ridder/Tribune Business News Feb. 15--MIAMI BEACH, Fla. -- The pleasure boating industry is emerging from a sales slump, with some of the most expensive products on the market leading the comeback. Buyers...
Genmar launches 24-foot, PE-laden pontoon.(News)
Byline: Roger Renstrom Recreational boat builder Genmar Holdings Inc. has introduced a 24-foot tri-hull pontoon mostly rotational molded with more than 2,600 pounds of polyethylene. Genmar showed the pontoon at a Minneapolis boat show Jan. 21-25. Dealers saw a prototype in...
Minneapolis Boat Show Features More Than 200 Exhibitors.
By Scott Carlson, Saint Paul Pioneer Press, Minn. Knight Ridder/Tribune Business News Jan. 23--In the dead of winter, with their 10,000 lakes frozen solid and summer a distant dream, people here carry on a tradition that is truly Minnesotan: They flock to...
Boat industry takes a hit.(Genmar Holdings Inc. buys bankrupt)(Outboard Marine Corp.)(Brief Article)
Maybe after the big boat-making events that led off 2001, it was time for some relative calm. But, then again, maybe not. In any case, the marine industry weathered a slow year for sales, reflective of a downturn in consumer purchases for...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Roger Cloutier | President |
| Keith Mitchell | Executive Vice President, Operations |
| Ronald V. Purgiel | Senior Vice President, Purchasing |
| Richard Anderson | General Manager |
| Rita Humola | Manager, Marketing |
| Carl R. Pohlad | Director |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Irwin L. Jacobs | Chairman |
Cloutier serves as President and Chief Operating Officer of Genmar Holdings, Inc. since April 2004. From February 1996 to 2004, he was Executive Vice President and Chief Financial Officer of Genmar and has been a member of the Board of Directors of Genmar since 1997. Also, since April 1990 he served as Senior Vice President of Jacobs Management Corporation.
| Organization | Position | Status |
|---|---|---|
| Genmar Holdings, Inc. | President | Current |
| Genmar Holdings, Inc. | Chief Operating Officer | Current |
| Jacobs Management Corporation | Senior Vice President | Former |
| Arthur Andersen LLP | Former |
| Organization | Position | Status |
|---|---|---|
| Genmar Holdings, Inc. | Executive Vice President, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Genmar Holdings, Inc. | Senior Vice President, Purchasing | Current |
| Genmar Holdings, Inc. | Purchasing Agent | Former |
| Organization | Position | Status |
|---|---|---|
| Genmar Holdings, Inc. | General Manager | Current |
| Wellcraft Marine | Brand Manager | Former |
| Organization | Position | Status |
|---|---|---|
| Genmar Holdings, Inc. | Manager, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Genmar Holdings, Inc. | Chairman | Current |
| Amf | Former | |
| Bekins Moving & Storage | Former |
| Organization | Position | Status |
|---|---|---|
| Twins Sports Inc. | President | Current |
| MAIR Holdings, Inc. | Class Two Director | Current |
| MAIR Holdings, Inc. | Chairman of the Board | Current |
| Genmar Holdings, Inc. | Director | Current |
| Marquette Financial Companies | Chairman & CEO | Former |
| Marquette Financial Companies | Founder, Chairman & President | Former |
| Twins Sports Inc. | Owner | Former |
| Twins Sports Inc. | Chairman of the Board | Former |
| MAIR Holdings, Inc. | Board of Directors | Former |
| Twins Sports Inc. | Director | Former |
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