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Garmin named Most Innovative Marine Company for second consecutive year

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Garmin (NYSE: GRMN) has been named the Most Innovative Marine Company for the second consecutive year by Soundings Trade Only, a leading trade publication for the recreational boating industry. The award was announced at the International BoatBuilders' Exhibition and Conference (IBEX) held Oct. 1-3. This marks Garmin's seventh consecutive year in the Top 5 companies.

The awards program evaluates companies in key innovation categories, including altruism/social awareness, development & technology, workforce culture, manufacturing process/supply chains, start-up mentality, and sustainability. Judges commended Garmin's commitment to purpose-driven innovations in people, processes, and products.

Garmin's Vice President and Marine Segment Leader, Jarrod Seymour, expressed pride in the team's dedication to providing continuous value through new ideas and game-changing technologies.

Garmin (NYSE: GRMN) è stata nominata Società Marina più Innovativa per il secondo anno consecutivo da Soundings Trade Only, una delle principali pubblicazioni del settore per l'industria della nautica da diporto. Il premio è stato annunciato durante l'International BoatBuilders' Exhibition and Conference (IBEX) svoltosi dal 1 al 3 ottobre. Questo segna il settimo anno consecutivo di Garmin tra le prime 5 aziende.

Il programma di premi valuta le aziende in importanti categorie di innovazione, tra cui altruismo/sensibilità sociale, sviluppo e tecnologia, cultura del personale, processi di produzione/filiere, mentalità da start-up e sostenibilità. I giudici hanno elogiato l'impegno di Garmin per innovazioni orientate agli obiettivi nelle persone, nei processi e nei prodotti.

Il vice presidente di Garmin e leader del segmento marino, Jarrod Seymour, ha espressoorgoglio per la dedizione del team nel fornire valore continuo attraverso nuove idee e tecnologie rivoluzionarie.

Garmin (NYSE: GRMN) ha sido nombrada La Compañía Marítima Más Innovadora por segundo año consecutivo por Soundings Trade Only, una publicación líder en el comercio para la industria de la navegación recreativa. El premio fue anunciado en la International BoatBuilders' Exhibition and Conference (IBEX) celebrada del 1 al 3 de octubre. Esto marca el séptimo año consecutivo de Garmin en el Top 5 de empresas.

El programa de premios evalúa a las empresas en categorías clave de innovación, incluyendo altruismo/sensibilidad social, desarrollo y tecnología, cultura laboral, procesos de fabricación/cadenas de suministro, mentalidad de start-up y sostenibilidad. Los jueces elogiaron el compromiso de Garmin con innovaciones impulsadas por propósitos en personas, procesos y productos.

El vicepresidente de Garmin y líder del segmento marino, Jarrod Seymour, expresó su orgullo por la dedicación del equipo en proporcionar valor continuo a través de nuevas ideas y tecnologías transformadoras.

Garmin (NYSE: GRMN)는 레크리에이션 보트 산업을 위한 주요 무역 출판물인 Soundings Trade Only가 선정한 가장 혁신적인 해양 회사로 두 번째 연속 수상을 하였습니다. 이 상은 10월 1일부터 3일까지 열린 국제 보트 제작자 전시회 및 컨퍼런스(IBEX)에서 발표되었습니다. 이는 Garmin이 5위 이내에 랭크된 7년 연속을 의미합니다.

이 상 프로그램은 이타주의/사회적 인식, 개발 및 기술, 인력 문화, 제조 공정/공급망, 스타트업 정신 및 지속 가능성 등 주요 혁신 카테고리에서 기업을 평가합니다. 심사위원들은 사람, 프로세스 및 제품에서 목적 지향적인 혁신에 대한 Garmin의 헌신을 높이 평가했습니다.

Garmin의 부사장 겸 해양 부문 리더인 Jarrod Seymour는 새로운 아이디어와 게임 체인징 기술을 통해 지속적인 가치를 제공하는 팀의 헌신에 자부심을 표했습니다.

Garmin (NYSE: GRMN) a été nommée Entreprise Marine la Plus Innovante pour la deuxième année consécutive par Soundings Trade Only, une publication de référence dans le secteur de la navigation de plaisance. Le prix a été annoncé lors de l'International BoatBuilders' Exhibition and Conference (IBEX) qui s'est tenue du 1er au 3 octobre. Cela marque la septième année consécutive de Garmin parmi les 5 meilleures entreprises.

Le programme de prix évalue les entreprises dans des catégories clés d'innovation, y compris l'altruisme/la sensibilisation sociale, le développement et la technologie, la culture du personnel, les processus de fabrication/chaînes d'approvisionnement, l'esprit d'entreprise et la durabilité. Les juges ont salué l'engagement de Garmin envers des innovations axées sur des objectifs dans les personnes, les processus et les produits.

Jarrod Seymour, vice-président de Garmin et responsable du segment marin, a exprimé sa fierté pour la détermination de l'équipe à fournir une valeur continue grâce à de nouvelles idées et des technologies innovantes.

Garmin (NYSE: GRMN) wurde zum Innovativsten Marineunternehmen für das zweite Jahr in Folge von Soundings Trade Only ernannt, einer führenden Fachzeitschrift für die Freizeitbootindustrie. Der Preis wurde auf der International BoatBuilders' Exhibition and Conference (IBEX) angekündigt, die vom 1. bis 3. Oktober stattfindet. Dies markiert das siebte Jahr in Folge, in dem Garmin unter den Top 5 Unternehmen ist.

Das Preisprogramm bewertet Unternehmen in wichtigen Innovationskategorien, einschließlich Altruismus/Soziales Bewusstsein, Entwicklung & Technologie, Arbeitskultur, Fertigungsprozess/Lieferketten, Start-up-Mentalität und Nachhaltigkeit. Die Juroren lobten Garmins Engagement für zielorientierte Innovationen in Menschen, Prozessen und Produkten.

Garmins Vizepräsident und Leiter des marinen Segments, Jarrod Seymour, äußerte stolz auf das Engagement des Teams, kontinuierlichen Wert durch neue Ideen und bahnbrechende Technologien zu bieten.

Positive
  • Named Most Innovative Marine Company for the second consecutive year
  • Seventh consecutive year in the Top 5 companies
  • Recognized for innovations in people, processes, and products
  • Commitment to providing continuous value through new ideas and technologies
Negative
  • None.

Annual awards program by Soundings Trade Only recognizes companies shaping the future of the marine industry 

OLATHE, Kan., Oct. 8, 2024 /PRNewswire/ -- Garmin (NYSE: GRMN) is proud to announce it has been named the Most Innovative Marine Company for the second consecutive year by Soundings Trade Only, a leading trade publication for the recreational boating industry. This prestigious awards program recognizes forward-thinking companies that are transforming the marine industry through advancements in technology, innovative products and processes, workforce initiatives and more. The awards were announced at the International BoatBuilders' Exhibition and Conference (IBEX) tradeshow held Oct. 1-3.

"On behalf of all of us at Garmin, we would like to thank Soundings Trade Only for this tremendous honor. Innovation isn't just a buzzword at Garmin; it's woven into the fabric of our company. This recognition reflects our team's commitment to providing our customers continuous value through new ideas, game-changing technologies and forward-thinking solutions. I am incredibly proud of our team, and we look forward to continuing to lead the way."
–Jarrod Seymour, Garmin Vice President and Marine Segment Leader 

The awards program evaluates companies in key categories of innovation—altruism/social awareness, development & technology, workforce culture, manufacturing process/supply chains, start-up mentality and sustainability. Applications were evaluated by Soundings Trade Only and AIM Media Group editors, writers and publishers, along with chosen industry experts. The panel of judges commended Garmin's commitment to purpose-driven, people, process and product innovations. This is Garmin's seventh consecutive year to be named one of the Top 5 companies.

"It is a pleasure to award Garmin the top spot in our Most Innovative Marine Companies awards for the second consecutive year. Whether it's creating innovative new products, culturing a vibrant workplace for its employees or donating time and effort to charitable causes, Garmin deserves this very important recognition." –Gary Reich, Soundings Trade Only Editor-in-Chief

To read more about the Most Innovative Marine Company awards program, visit tradeonlytoday.com, and to learn more about Garmin's award-winning suite of marine electronics, visit garmin.com/marine.

Engineered on the inside for life on the outside, Garmin products have revolutionized life for anglers, sailors, mariners and boat enthusiasts everywhere. Committed to developing the most innovative, highest quality, and easiest to use marine electronics the industry has ever known, Garmin believes every day is an opportunity to innovate and a chance to beat yesterday. For the tenth consecutive year, Garmin was named the Manufacturer of the Year by the National Marine Electronics Association (NMEA). Other Garmin marine brands include Navionics® and JL Audio®. For more information, visit Garmin's virtual Newsroomemail our press team, connect with @garminmarine on social media, or follow our blog.

About Garmin International, Inc. Garmin International, Inc. is a subsidiary of Garmin Ltd. (NYSE: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, Navionics and JL Audio are registered trademarks of Garmin Ltd. or its subsidiaries. All other brands, product names, company names, trademarks and service marks are the properties of their respective owners. All rights reserved.

Notice on Forward-Looking Statements:
This release includes forward-looking statements regarding Garmin Ltd. and its business. Such statements are based on management's current expectations. The forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially as a result of known and unknown risk factors and uncertainties affecting Garmin, including, but not limited to, the risk factors listed in the Annual Report on Form 10-K for the year ended December 30, 2023, filed by Garmin with the Securities and Exchange Commission (Commission file number 0-31983). A copy of such Form 10-K is available at www.garmin.com/en-US/company/investors/earnings/. No forward-looking statement can be guaranteed. Forward-looking statements speak only as of the date on which they are made and Garmin undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

MEDIA CONTACT:
Carly Hysell
913-397-8200
media.relations@garmin.com 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/garmin-named-most-innovative-marine-company-for-second-consecutive-year-302270435.html

SOURCE Garmin International, Inc.

FAQ

What award did Garmin (GRMN) receive in October 2024?

Garmin (GRMN) was named the Most Innovative Marine Company for the second consecutive year by Soundings Trade Only in October 2024.

Where was the award for Garmin (GRMN) announced in 2024?

The award for Garmin (GRMN) was announced at the International BoatBuilders' Exhibition and Conference (IBEX) held from October 1-3, 2024.

How many consecutive years has Garmin (GRMN) been in the Top 5 companies?

Garmin (GRMN) has been named one of the Top 5 companies for seven consecutive years.

What categories were evaluated for the Most Innovative Marine Company award received by Garmin (GRMN)?

The award evaluated categories including altruism/social awareness, development & technology, workforce culture, manufacturing process/supply chains, start-up mentality, and sustainability.

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