Brunswick Corporation announced that the company plans to sell Hatteras Yachts, Inc. and CABO Yachts, Inc. The company said it wants to focus on its yacht business, which includes the remaining Sea Ray and Meridan Yachts. The company also said the slab of the motoryacht and sportfishing lines would include both the physical plant and the workforce. The companies will continue to work while it hunts for a buyer.

"The current plan assumes that the eventual purchaser will retain both the physical plant and the workforce of Hatteras/CABO", Chief Executive Dustan McCoy said. Brunswick shares rose 36 cents to close at $31.51.