Yamaha Marine Group announced today the renaming of its wholly owned subsidiary Precision Propellers Industries to Yamaha Marine Precision Propellers and discontinuing production of non-Yamaha branded propellers.
Yamaha purchased Indianapolis-based Precision Propellers Industries in 2008 to better serve customers with stainless-steel propellers for an ever-increasing number of new boat/motor applications. The purchase strengthened production capacity and helped ensure high-quality propellers for Yamaha Outboards, while fostering continued growth for the brand.
Since then, Yamaha Marine has experienced double-digit growth in propeller demand year-over-year due to advances in propeller technology and performance enhancements such as its Shift Dampener System, the company said. Read more at Soundings TradeOnly.