Bangor Punta Marine (USA)

Bangor Punta Marine, the boating arm of the Bangor Punta Corporation (NYSE: BNK), was a pivotal American conglomerate subsidiary that revolutionized recreational boating in the 1960s–1980s through aggressive acquisitions of premier sailboat builders. As a Fortune 500 company, it owned O'Day Corp., Jensen Marine (Cal boats), Duo Marine, Luhrs, Ranger Yachts, and others, producing thousands of fiberglass sailboats and powerboats for racing, cruising, and daysailing. Emphasizing innovation and mass production, the division democratized sailing with affordable, high-performance designs under IOR rules, peaking at ~5,000 boats annually. Acquired by Lear Siegler, Inc. in 1984, its legacy endures in iconic models like the O'Day 25 and Cal 40.