Production begins at new Marine Engine Manufacturing facility

July 23, 2010

Ilmor Marine, LLC, a wholly owned subsidiary of Ilmor Engineering, Inc., began production today at its new headquarters in Mooresville, NC. The 50,000 square foot marine engine assembly and test facility, under construction since 2008, is capable of assembling up to 15,000 engines per year. The first engines off the production line today are already on their way to the OEM customer – MasterCraft Boat Company. Ilmor Engineering, Inc., a high-performance powertrain engineering company, has operated worldwide since 1984.

"This is a great day for our marine division. The program has been in the works for over three years," said Paul Ray, President of Ilmor Engineering, Inc. "We found a solid opportunity when we entered the marine business as a racing organization in 2002. Our core business had been auto-racing, but we believed our engineering skills could be put to good use in the high-performance boating industry.

"This new endeavor began when Ilmor first met with MasterCraft in 2007," Ray continued. "Since then, our staff has worked flat-out on engine design and development, in-water testing, engine integration and facility construction. The new facility allows us to expand into higher-volume markets, with an initial focus upon our key partner, MasterCraft, the lead manufacturer of luxury performance inboards."

Ilmor's inboard offerings in the fresh water and salt water "Ocean Performance Series" will be 5.7L (litre), 6.0L and 6.2L variants based upon industry standard General Motors powerplants. Each engine is assembled with Ilmor-developed parts and systems to increase overall performance and reliability. All of the engines are EPA, California-ARB and EU-RCD emissions compliant.

"We created an assembly plant that is very much in keeping with Ilmor's other facilities around the world – both from a quality perspective and from a technology point of view," said Ronald A. Brown, President of Ilmor Marine LLC. "We have partnered with Fanuc and PPG to create a robotic paint system that ensures a very high-quality paint application. This ultra-clean system also helps create an employee-friendly environment. In every instance, we searched for suppliers and technology partners that share Ilmor's passion for excellence and are the highest quality in their specialty, including companies like GM and ZF. In an economy where most companies have scaled back investments, Ilmor has invested heavily in the future of the marine industry with the latest technology."

Ilmor has worked closely with the state of North Carolina and Iredell County to hire skilled specialists from the area.

"Through careful planning and product development, we now have a very well-known brand synonymous with performance, high-quality and strong customer support," said Ray. "Each of those attributes are very important to us, and our goal is to provide all of our customers with the same experience as we expand into exciting new areas of the marine business."

Created in 1984, Ilmor Engineering is a worldwide leader in high-performance powertrain engineering. Its' championship heritage includes 16 Indianapolis 500 wins, two Formula One World Championships and three Powerboat P1 World Championships. Ilmor's facilities in Europe and the United States provide engineering and manufacturing expertise to the auto, motorcycle, aircraft and defense industries as well as motorsports clients in IndyCar and Stock Car.

For more information:

Paul Ray, Ilmor Engineering, Inc.
(734) 456-3600

Ronald A. Brown, Ilmor Marine, LLC
(704) 360-1900

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