Garmin recognized as the 2023 Most Innovative Marine Company

Garmin^® International has been named the Most Innovative Marine Company for 2023 by Soundings Trade Only, a leading trade publication for the recreational boating industry. The annual awards program recognizes forward-thinking companies that are transforming the marine industry through new products, technologies, sustainability, manufacturing processes, corporate responsibility and more. The awards were announced at the International BoatBuilders’ Exhibition and Conference (IBEX) tradeshow held Oct. 3-5, 2023.

The coveted annual awards program evaluates companies in key categories of innovation, including altruism/social awareness, development & technology, workforce culture, manufacturing process/supply chains, start-up mentality and sustainability. Judges noted Garmin’s dedication to creating products that enhance the lives of its customers, along with its corporate citizenship as key differentiators.

“It’s a true honor to be recognized as the most innovative company in our industry. Innovation is a cornerstone at Garmin; it’s the driving force that propels us forward and creates value for our customers. From product development to marketing, workforce initiatives, manufacturing processes and beyond, innovation is the heart and soul of our company. I want to congratulate our entire team on this deserving honor that recognizes their dedication and hard work each and every day.”  –Jarrod Seymour, Garmin Vice President and Marine Segment Leader 

Applications were evaluated by a team of Soundings Trade Only and AIM Media Group editors, writers and publishers, along with chosen industry experts, and ten organizations ranging from large global companies to small startups were recognized this year among a field of 28 entrants. This is Garmin’s sixth consecutive year to be named to this prestigious list.

About Garmin International, Inc.
Garmin International, Inc. is a subsidiary of Garmin Ltd. (Nasdaq: GRMN). Garmin Ltd. is incorporated in Switzerland, and its principal subsidiaries are located in the United States, Taiwan and the United Kingdom. Garmin, Tacx and Edge are registered trademarks and Garmin Connect is a trademark of Garmin Ltd. or its subsidiaries.