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The story
Sea Ray was founded in 1959 by Cornelius Ray as an independent company, Ray Industries, in Detroit, Michigan, with fiberglass boats being made at a factory in Oxford, Michigan. That company was bought in 1986 by Brunswick Corporation for $350 million. At the same time, Brunswick purchased the Bayliner brand, making Brunswick the largest pleasure boat producer in the world.
Sea Ray opened a plant in 1973 on Merritt Island, Florida. It eventually grew to three plants at that location. It employed more than 1,500 workers at its peak. At that time, it produced about 20 sport yachts weekly, each retailing from $200,000 to $500,000. It largely phased out operations during the Great Recession.
In 2017, Brunswick Corporation announced that they intended to divest the Sea Ray line. In July 2018, however, Brunswick announced they had reconsidered their decision and have since retracted any intent to sell and that the Sea Ray would continue their efforts on building the best sport boats and cruisers up to 40 feet. In doing so, Sea Ray will discontinue production of sport yacht and yacht models.
From Wikipedia’s article on Sea Ray, shared under CC BY-SA 4.0.4