Yamaha acquires Kracor, Inc. Rotational Molding

Freeman Staff

June 19, 2017

MILWAUKEE — Yamaha Motor Corporation, U.S.A. announced Monday it acquired the assets of Milwaukee-based Kracor, Inc., a rotational molding manufacturer.

According to the announcement, Kracor will become part of Yamaha Marine Systems Company, a subsidiary of Yamaha Motor Corp., U.S.A.

"The creation of YMSC and the acquisition of Kracor are part of Yamaha Marine’s long-term business strategy to expand into more integrated marine systems," said Ben Speciale, president of Yamaha Marine Group, in a statement. "YMSC will continue to add technologies and acquire assets and companies that support the marine systems strategy."

Founded in Milwaukee by George Kraemer, Kracor opened in 1969. The company produces rotationally molded plastic products for national and international markets with parts for the recreational marine and other industries.

Yamaha Marine Group, based in Kennesaw, Ga., markets marine outboard motors ranging in size from 2.5 to 350 horsepower.

Yamaha, through its Marine Group, holds approximately a third of the market share for marine outboards in the United States. Yamaha Marine Group is a division of Yamaha Motor Corporation, U.S.A., based in Cypress, Calif.