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Author Topic: Brunswick Finalizes Sale of Bowling Division  (Read 30182 times)

twocentsless

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Brunswick Finalizes Sale of Bowling Division
« on: May 26, 2015, 12:15:00 PM »
Brunswick Corp. announced today, May 26, that it completed the sale of its bowling products business to BlueArc Capital Management LLC, a private investment firm based in Atlanta.
Terms of the transaction were not disclosed.
“We are pleased that the buyer is a long-term investor and that the Brunswick name and all that it stands for will carry on and continue to set the standard in the bowling industry,” Brunswick chairman and CEO Dustan E. McCoy said in a statement. In 2014, Brunswick completed the sale of its retail bowling centers to Bowlmor AMF and now reports the historical results of both the bowling retail and products businesses as discontinued operations. Brunswick anticipates net proceeds from both of these sales actions, which reflect current estimates of taxes and liabilities yet to be paid, to be in the range of $270 million to $290 million that was provided in the company’s original projections. Brunswick’s capital strategy prioritizes growth investments and acquisitions in the marine and fitness segments, maintaining a strong balance sheet and returning cash to shareholders, McCoy reiterated.

 

BallReviews-Removed0385

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Re: Brunswick Finalizes Sale of Bowling Division
« Reply #76 on: June 03, 2015, 08:44:45 AM »
In all sincerity, I do hope your shop does well.  We see bowling centers closing their doors, pro shops closing up, etc. all around the country.  I wish it were different.

You and I have had a good (and probably entertaining) debate.  It's okay that we don't agree on everything.  If you're ever in the Salt Lake City area look me up and I'll buy you a Coke (or whatever you drink).  We'll probably look back on this and laugh. I had the real pleasure of meeting a fellow ballreviews member this year in Texas.  He is a staffer with another fine company and was/is very likeable. 

Take care. We both probably have more to do today than beat this thread to death anymore.  Thanks for your input.
« Last Edit: June 03, 2015, 08:48:54 AM by notclay »

tkkshop

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Re: Brunswick Finalizes Sale of Bowling Division
« Reply #77 on: June 03, 2015, 09:23:36 AM »
We can keep beating the horse, if you'd like.  ;D I can assure you its not personal, but rather a difference in bowling opinion. Some will call me an idiot, others you. But in the end, we are both right. I still do not agree with the move and you believe that it helped with performance. I know when I was on staff, the company that I represented did no wrong. Looking back, the arsenals had holes and the equipment did not love up to expectations. But I couldn't say that.

Jorge300

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Re: Brunswick Finalizes Sale of Bowling Division
« Reply #78 on: June 03, 2015, 10:27:16 AM »
Well now, I see tkkshop has been on quite a bit and refused to answer my question. Surprised? Not really. Let me say first I am not a Brunswick Staffer and am not a huge fan of their branded equipment. I have liked most of the Radical balls I have tried and have never thrown a DV8 ball yet.

Now, my question was asked because Brunswick pinsetters are made in Hungry. AMF is headquartered in VA, so I am assuming those are made in the US, but I am not sure. So unless one wants to be seen as a hypocrite, since you do have choices in every city, you would walk out of a center or tournament that was being bowled where they have Brunswick pinsetters. Otherwise, this looks like a personal vendetta against a ball company with the guise of "Pro-America" as the excuse to do so.

Also, there are clothes that are proudly stamped "Made in the USA" available to buy.  But, they are a little harder to find and usually a bit more expensive. There are some people who will take the time and shoulder the extra expense to make sure they buy American. It seems funny that those who are so opposed to Brunswick, only seem to buy American when it comes to bowling balls.

I am not saying everyone has to like Brunswick balls. I am not saying everyone must like that they moved their production facilities to Mexico. But it is wrong to sit here and bash them for that, and say you are going to buy American and not follow through on that with other items in your life. It is a faux patriotism that we don't need and it part of the reason why we are looked down upon by the rest of the world.
Jorge300

tkkshop

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Re: Brunswick Finalizes Sale of Bowling Division
« Reply #79 on: June 03, 2015, 10:45:08 AM »
Well now, I see tkkshop has been on quite a bit and refused to answer my question. Surprised? Not really. Let me say first I am not a Brunswick Staffer and am not a huge fan of their branded equipment. I have liked most of the Radical balls I have tried and have never thrown a DV8 ball yet.

Now, my question was asked because Brunswick pinsetters are made in Hungry. AMF is headquartered in VA, so I am assuming those are made in the US, but I am not sure. So unless one wants to be seen as a hypocrite, since you do have choices in every city, you would walk out of a center or tournament that was being bowled where they have Brunswick pinsetters. Otherwise, this looks like a personal vendetta against a ball company with the guise of "Pro-America" as the excuse to do so.

Also, there are clothes that are proudly stamped "Made in the USA" available to buy.  But, they are a little harder to find and usually a bit more expensive. There are some people who will take the time and shoulder the extra expense to make sure they buy American. It seems funny that those who are so opposed to Brunswick, only seem to buy American when it comes to bowling balls.

I am not saying everyone has to like Brunswick balls. I am not saying everyone must like that they moved their production facilities to Mexico. But it is wrong to sit here and bash them for that, and say you are going to buy American and not follow through on that with other items in your life. It is a faux patriotism that we don't need and it part of the reason why we are looked down upon by the rest of the world.
and then there is this guy. I bowl in 3 AMF houses. The rest of what you are talking about, I have gone over. American choices are limited or obsolete on things such as tvs, clothes and such, which I have discussed. But bowling balls, not so much.

MI 2 AZ

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Re: Brunswick Finalizes Sale of Bowling Division
« Reply #80 on: June 03, 2015, 11:00:03 AM »
They help move bowling balls. How many people keep a ball for 3 years? The vast majority keep their equipment for a season and move on to the next ball(s). So the consumer feels protected, meanwhile they will never use said warranty. I am surprised that you do not know all of these things being in the business.

Many seniors keep theirs for years.  A couple last season had to replace their rubber bowling balls because they both got damaged by a center but they were no longer under warranty.  :)
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Jorge300

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Re: Brunswick Finalizes Sale of Bowling Division
« Reply #81 on: June 03, 2015, 11:38:02 AM »

and then there is this guy. I bowl in 3 AMF houses. The rest of what you are talking about, I have gone over. American choices are limited or obsolete on things such as tvs, clothes and such, which I have discussed. But bowling balls, not so much.

They are only obsolete because you choose not to take the time to search for them. If you cared so much about America, the extra time and money would easily be worth it to "buy American". Yet, it only means anything when it comes to bowling balls. So it shows this as the faux patriotism that it is, and that it is nothing more then a vendetta against Brunswick. Thanks for clearing that up.
Jorge300

MI 2 AZ

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Re: Brunswick Finalizes Sale of Bowling Division
« Reply #82 on: June 03, 2015, 11:56:39 AM »
I was surprised to learn that there is a company that makes a brand of TV called Element that is made in America.  From their website, they are available at WalMart.
http://www.elementelectronics.com/
I don't know anyone who owns one however.

To help, here is a list of companies still making in America:
http://www.americansworking.com/

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Good Times Good Times

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Re: Brunswick Finalizes Sale of Bowling Division
« Reply #83 on: June 03, 2015, 12:10:02 PM »
I'll give my honest opinion here.  I'll preface this by saying that I will throw all brands, and I truly do believe all brands are equal, but Storm products do match up better for me (especially on tough conditions).  I'll also say this, I had my best season ever (234 avg) throwing essentially a DV8 Diva the whole season. 

I don't believe one brand is "superior" / "inferior" to another, I do think match-ups are key.  I have won tournaments and crushed brackets throwing essentially all brands (no Motiv though). 

Here's my thing:  I'm trying to figure out why the hell I would care/comment on what anyone else throws.  If someone must proclaim "MURRICA!" and throw Utah stuff, so be it.  If someone doesn't, so be it. 

I agree with Lane in the sense that there is a grey area.

I will be buying Utah products (I'm LOVING the Global stuff) but I won't trash any brands.  We all have our reasons for our equipment choices, and the choices of others is just that, their choice.  My job is to throw it to the best of my ability. 

Once you hit a certain point in the debate it becomes semantics, and when you arrive at that point everyone's sort of..............made their point.  :P
GTx2

Nails

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Re: Brunswick Finalizes Sale of Bowling Division
« Reply #84 on: June 03, 2015, 12:19:44 PM »
We can keep beating the horse, if you'd like.  ;D I can assure you its not personal, but rather a difference in bowling opinion. Some will call me an idiot, others you. But in the end, we are both right. I still do not agree with the move and you believe that it helped with performance. I know when I was on staff, the company that I represented did no wrong. Looking back, the arsenals had holes and the equipment did not love up to expectations. But I couldn't say that.

And that's the quality that makes people apprehensive to listen to much staffers say publically. If you can't be honest, don't bother saying anything.

kidlost2000

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Re: Brunswick Finalizes Sale of Bowling Division
« Reply #85 on: June 03, 2015, 12:58:24 PM »
Its a matter of throwing what you want or like or best matches up to you. I dont limit myself based on where the product is made.

I had honestly hoped ABS would have bought them and came to the American market so I could try some of their stuff. Didnt happen.
…… you can't  add a physics term to a bowling term and expect it to mean something.

tkkshop

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Re: Brunswick Finalizes Sale of Bowling Division
« Reply #86 on: June 03, 2015, 04:39:39 PM »

and then there is this guy. I bowl in 3 AMF houses. The rest of what you are talking about, I have gone over. American choices are limited or obsolete on things such as tvs, clothes and such, which I have discussed. But bowling balls, not so much.

They are only obsolete because you choose not to take the time to search for them. If you cared so much about America, the extra time and money would easily be worth it to "buy American". Yet, it only means anything when it comes to bowling balls. So it shows this as the faux patriotism that it is, and that it is nothing more then a vendetta against Brunswick. Thanks for clearing that up.
you have twisted my words. Where did I say that I do not buy American? My tools, all stamped with made in the USA. The car in which I drive, is assembled in Flat Rock, Michigan. Where only 2 car models are assembled. While my phone and TV are made in South Korea, my options are beyond limited for those devices. Motorolla WAS the only major phone manufacturer in the US, shut  down their facility after 1 year. Anything else, Geroge?

tkkshop

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Re: Brunswick Finalizes Sale of Bowling Division
« Reply #87 on: June 03, 2015, 04:43:32 PM »
We can keep beating the horse, if you'd like.  ;D I can assure you its not personal, but rather a difference in bowling opinion. Some will call me an idiot, others you. But in the end, we are both right. I still do not agree with the move and you believe that it helped with performance. I know when I was on staff, the company that I represented did no wrong. Looking back, the arsenals had holes and the equipment did not love up to expectations. But I couldn't say that.

And that's the quality that makes people apprehensive to listen to much staffers say publically. If you can't be honest, don't bother saying anything.
when a company is paying you, whether in balls or money, to throw their stuff, you say it's great. Don't say you wouldn't do it. As THEY all do it. Find me one staffer that Will say their new line is worse than the last. You won't. It's always, "this line/ball does this much more than the last release." Why? Because we are paid to. Just like the people on commercials who claim a product is superior to another. They are paid to say those tnngs, whether they believe it or not.

milorafferty

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Re: Brunswick Finalizes Sale of Bowling Division
« Reply #88 on: June 03, 2015, 04:48:56 PM »
I can name one, Jeff Richgels. He often mentions a Storm ball that he doesn't match up with. He doesn't say the ball is bad, but he is straight up when it doesn't work for his style.

We can keep beating the horse, if you'd like.  ;D I can assure you its not personal, but rather a difference in bowling opinion. Some will call me an idiot, others you. But in the end, we are both right. I still do not agree with the move and you believe that it helped with performance. I know when I was on staff, the company that I represented did no wrong. Looking back, the arsenals had holes and the equipment did not love up to expectations. But I couldn't say that.

And that's the quality that makes people apprehensive to listen to much staffers say publically. If you can't be honest, don't bother saying anything.
when a company is paying you, whether in balls or money, to throw their stuff, you say it's great. Don't say you wouldn't do it. As THEY all do it. Find me one staffer that Will say their new line is worse than the last. You won't. It's always, "this line/ball does this much more than the last release." Why? Because we are paid to. Just like the people on commercials who claim a product is superior to another. They are paid to say those tnngs, whether they believe it or not.
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BMFOBR

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Re: Brunswick Finalizes Sale of Bowling Division
« Reply #89 on: June 03, 2015, 04:55:21 PM »
The comments about the equipment aren't personal, are they?  And the names were to provide reference to where the balls are made. I can use "Nigel, Thurman, and Elizabeth" and call them British, but they didn't move to England. The move is only justified by those who use the equipment.

You don't know the facts of the move.  It has been discussed many times by insiders at Big B (Rico and Nick), people like myself who live in MI and were accutely aware of the problems.  Get over it.  Don't use Brunswick if you don't want to.  Nobody needs another tired trite speed about buying American from some yahoo who is typing on a computer made in China, talks on a cell phone made in China, wears clothes made in Haiti or Vietnam (wear Levi's?  OOPS, no longer made here in the states), drives a car with content made elsewhere or assembled elsewhere, eats vegetables grown and shipped from Mexico or if U.S. produced harvested with migrant workers from, GASP, Mexico.  Get my drift?   
If you're so gutless as to hide behind the ignore button while taking shots at people....why are you even here?

tkkshop

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Re: Brunswick Finalizes Sale of Bowling Division
« Reply #90 on: June 03, 2015, 05:06:58 PM »
I'd leave Rico out of it. I am sure he doesnt want to be affiliated with B and your accusations. I've also covered the rest.