BNET Industries
Last Fiscal Year Sales:$299.9M
- Private
- US
Dow Jones Description
Lowrance has been a world leader in the design, manufacture and marketing of high-quality sportfishing SONAR and Global Positioning System (GPS) mapping instruments for more than 50 years. Lowrance has established a global distribution network, encompassing more than 1,500 domestic dealers, distributors, mass merchants and original equipment manufacturers in the U.S., as well as sales distribution outlets in 53 countries worldwide. Additionally, Lowrance maintains its own sales force in the United States, Canada, Europe and Australia, with product distribution centers located in the U.S., Canada and Australia. With 50 years continuous manufacturing experience, Lowrance designs products that provide the ultimate in high-performance features at highly competitive prices. Lowrance's SONAR products graphically display underwater information (bottom contours and structure, schools of baitfish, individual game fish, thermoclines, etc.) and are used primarily by sport fishermen as fishfinders, and by recreational boaters as navigational and safety devices. Its GPS+WAAS mapping products are used by boaters for navigation, as well as by hunters, backpackers, RV enthusiasts, pilots and others to locate their positions precisely (to within 10 feet at select WAAS coverage areas of the U.S.) and to record up to 1,000 waypoints (favorite spots) in a unit's memory and return to those locations at any time in the future. The U.S. ...
President & CEO
Jens-Thomas PietrallaNumber of Employees 500
Peer Companies
NAICS Code Search, Detection, Navigation, Guidance, Aeronautical, and Nautical System and Instrument Manufacturing: 334511
News & Analysis
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lowrance electronics inc. - All News and Analysis
BDI-Laguna Adds Lowrance Electronics Outdoor and Automotive Lines of Global Positioning Systems
BDI-Laguna, a total solutions provider supplying consumer electronics and computer products to the nation's most successful retailers, today announced the addition of Lowrance Electronics, a world leader in the design, manufacture and marketing of high-quality outdoor and automotive Global Positioning System GPS products, digital mapping systems and accessories, to its...
Tulsa County judge to hear Lowrance Electronics shareholder case
Tulsa County Court Judge Ronald L. Shaffer will consider whether to grant class-action status in the Lowrance Electronics shareholder lawsuit. U.S. District Judge Terence Kern returned the case to county court after attorneys for plaintiff Troy Siebels of Medford, Mass., reported on settlement negotiations with Lowrance. Shaffer has...
OK judge seeks action in Lowrance Electronics shareholder suit
After three months of silence, U.S. District Judge Terence Kern has called upon attorneys in the Lowrance Electronics shareholder lawsuit to fess up. In their March 31 joint status report, attorneys for plaintiff Troy Siebels of Medford, Mass., had suggested they could complete the class-action lawsuit's discovery and...
Simrad Yachting AS and Lowrance Electronics, Inc.(NEWS BRIEFS)
Simrad Yachting AS and Lowrance Electronics, Inc. announced that Navico Acquisition Corp., Simrad Yachting's wholly owned subsidiary, has merged into Lowrance and, as a result, Lowrance has become a direct wholly owned subsidiary of Simrad Yachting. The merger follows a tender offer by Navico for all...
Lowrance Electronics shareholder suit is near in Tulsa court
Attorneys involved in the shareholder lawsuit against Lowrance Electronics hope to complete discovery and settlement negotiations by the end of April. Meeting the March 31 deadline set by U.S. District Judge Terence Kern, the joint filing said depositions for the class-action settlement have been scheduled for mid-April, with...
Tulsa-based Lowrance Electronics merges with Norway-based Simrad
After four aborted attempts over the past five years, the fifth courtship proved a winner for Tulsa-based Lowrance Electronics. Simrad Yachting has completed its takeover of the manufacturer of fish-finding equipment and global positioning system units, making Lowrance a wholly owned subsidiary.It's been very good news so far, said Lowrance...
Tender offer fast-tracks Tulsa-based Lowrance Electronics takeover
With 95.6 percent of Lowrance Electronics stock tendered, Simrad Yachting should complete its $215 million takeover of Lowrance by Monday. Horten, Norway-based Simrad acquired 4,911,856 shares of Lowrance common stock with the Wednesday midnight close of Simrad's $37-a- share tender offer. That put Simrad over the 90-percent level...
Simrad Yachting Completes Subsequent Offering Period in Respect of Lowrance Shares; Simrad Yachting Now Owns Approx. 95.6% of Lowrance's Outstanding Shares
TULSA, Okla. -- Simrad Yachting AS and Lowrance Electronics, Inc. (Nasdaq:LEIX) announced today that as of 12:00 Midnight, New York City time, on March 8, 2006, the tender offer conducted by Navico Acquisition Corp., Simrad Yachting's wholly owned subsidiary, for all of the outstanding shares of Lowrance common stock expired....
Simrad Yachting extends Tulsa-based Lowrance Electronics offer again
With 86.2 percent of Lowrance Electronics stock in hand, Simrad Yachting decided Monday to extend its tender offer a second time. Company officials hope this midnight Wednesday extension will allow Horten, Norway-based Simrad to reach 90 percent or more ownership, a level that would ease the acquisition process....
Simrad Yachting Announces Extension of Subsequent Offering Period; Subsequent Offering Period to Expire at 12:00 Midnight, New York City time on Wednesday, March 8, 2006
TULSA, Okla. -- Simrad Yachting Now Owns Approximately 86.2% of Lowrance Common Stock Simrad Yachting AS and Lowrance Electronics, Inc. (Nasdaq:LEIX) announced today that the expiration date for the subsequent offering period to the tender offer by Simrad Yachting's wholly owned subsidiary, Navico Acquisition Corp., to purchase all of...
Decision Makers
| Name (plus bio) | Position |
|---|---|
| Jens-Thomas Pietralla | President & CEO |
| Darrel Lowrance | President |
| Paul C. Murphy | CFO & Vice President, Finance |
| Ronald Weber | Executive Vice President, Technology, Engineering |
| John Bay | Senior Vice President of Sales and Marketing |
| Larry Toering | Senior Vice President, Sales & Marketing |
| Bob Callaway | Vice President, Marketing |
| Jane Kaiser | Vice President, Customer Operations |
| Mark McQuown | Vice President, Sales |
| Claude Boyard | Director of Finance |
| Dave Ittner | Director, Marketing Communications |
| Doug O'Hara | Programs Manager |
| Ken Anderson | Info Technology Manager |
| Steve Wegrzyn | Advertising Manager & Public Relations Manager |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| George W. Jones | Board of Directors |
| Jason C. Sauey | Board of Directors |
| M. Wayne Williams | Board of Directors |
| Richie Gaines | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | President & CEO | Current |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | President | Current |
| Lowrance Electronics, Inc. | Founder | Current |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | CFO & Vice President, Finance | Current |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | Executive Vice President, Technology, Engineering | Current |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | Senior Vice President of Sales and Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | Senior Vice President, Sales & Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | Vice President, Customer Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | Vice President, Sales | Current |
Claude Boyard has been with the Thales Group since 1978, most recently serving as business group director of finance for Thalesl operations of Lowrance Electronics. Nimmo held several senior positions at Lowrance, including vice president of manufacturing and materials, and vice president of materials and MIS, and had responsibility for manufacturing, facility management, purchasing, production and inventory controls, distribution, master scheduling, and management information systems. Prior to that, Nimmo was the Director of MIS and Materials for Mark Controls, a major manufacturer of high-pressure valves for oil production and sanitation systems.
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | Director of Finance | Current |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | Director, Marketing Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | Programs Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | Info Technology Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | Advertising Manager & Public Relations Manager | Current |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Lowrance Electronics, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Fishing Clothing | Current | |
| Fishing Destination | Current | |
| Lowrance Electronics, Inc. | Board of Directors | Current |
| Lowrance Electronics, Inc. | Member | Current |
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