Indmar Products

What Indmar Products does

Indmar Products (legal entity Tennessee Propulsion Products, LLC) designs, marinizes, and manufactures gasoline-powered inboard marine engines for the recreational watersports market, with its world headquarters and primary manufacturing facility in Millington, Tennessee. The portfolio centers on the Raptor Series (Raptor 400, 440, 460, and ROUSHcharged 575) built around Ford's 6.2L V8 platform with Roush Performance supercharging, the 2.3L EcoBoost — the first turbocharged direct-injection inboard in its segment — and the EcoJet jet propulsion package for the pontoon category. Supporting revenue comes from a proprietary parts and service product line including lubricants, filters, transmission fluids, antifreeze, marine grease, and the patent-pending Strainer Pro sea-strainer system.

The company sells exclusively through a dual channel: direct OEM relationships with watersports boat builders (Tigé, Supra, Moomba, MB Sports, Sanger, Pavati, Kyma, MotoJet, and others) where engines are installed at the factory, and an authorized dealer network of more than 1,600 showrooms across North America supported by distribution centers in Millington TN, Merced CA, and Clarkston WA. All engines carry a 5-year factory warranty administered directly by Indmar, and the company maintains certified service technician training and dedicated factory representatives at each OEM partner. In November 2022, Indmar was acquired by Correct Craft and now operates as part of its Liberty Technologies subsidiary alongside PCM, Crusader, Levitator, and Velvet Drive, while retaining its own brand, team, and Millington headquarters. The company holds ISO 9001:2015 certification and has received 23 consecutive Marine Industry Customer Satisfaction Index Awards from the NMMA.

Name

Indmar Products

Legal name

Tennessee Propulsion Products, LLC

Website

https://indmar.com

Company type

Private

Founded year

1971

Operating status

Operating

Headcount range

51–100 employees

Short description

Indmar Products designs and marinizes gasoline-powered inboard marine engines — primarily the Ford-based Raptor Series, the 2.3L EcoBoost, and the EcoJet jet drive — selling exclusively through OEM boat builders and a 1,600+ authorized dealer network serving the recreational watersports market.

Ownership category

akta.pro rank

Product category

Marine Engines

NAICS

Ship and Boat Building (33661)

SIC

Engines & Turbines (3510)

akta.pro primary industry

Propulsion Integration, Commissioning & Testing (Factory/sea trials, alignment) (IMAJAHAM)

akta.pro secondary industries

Marine Diesel & Dual-Fuel Engines (IMAJAHAA), Marine Hybrid & Electric Propulsion Systems (IMAJAHAC), Marine Fueling & Engine Fluids Retail (Oil, Additives, Lubricants) (CRAMAIAK)

Keywords

• Inboard marine engines
• Watersports propulsion systems
• Marine engine marinization
• Performance boat engines
• Pontoon propulsion systems

Headquarters

HQ city

Millington

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Marine Engine Sales: Indmar generates revenue primarily through the sale of gasoline-powered inboard marine engines to OEM boat manufacturers and through the dealer network to end consumers. The company sells multiple engine series including Raptor (400, 440, 460, 575), EcoBoost (2.3L), and EcoJet propulsion systems.
2. Service Products: Indmar sells proprietary service products specifically designed for Indmar marine engines including lubricants, filters & cartridges, transmission lubricants & fluids, anti-freeze, waterproof marine grease, and Strainer Pro water strainer systems.
3. Parts and Accessories: The company offers a suite of 98% American-made parts and service products through its dealer network.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Indmar Products manufactures and sells gasoline-powered inboard marine engines and propulsion systems for the watersports boat market. Its core offerings include the Raptor Series (Ford 6.2L V8-based engines with Roush supercharging), the 2.3L EcoBoost turbocharged marine engine, the EcoJet jet propulsion system for pontoons, and a line of proprietary service products and aftermarket parts distributed through OEM boat builders and an authorized dealer network.

Product overview

Indmar Products is a marine engine manufacturer offering a portfolio of gasoline-powered inboard marine engines and service products. The core product line consists of the Raptor Series engines (Raptor 400, 440, 460, and 575) based on Ford 6.2L V8 technology, the 2.3L EcoBoost turbocharged engine, and the EcoJet propulsion system for pontoon boats. The Raptor Series delivers power outputs ranging from 350-510 horsepower and 404-580 lb-ft of torque, with some variants featuring Roush supercharging. The 2.3L EcoBoost is the world's first EcoBoost marine engine, delivering 310 horsepower with turbocharged direct injection. The EcoJet provides jet propulsion for pontoon applications. Supporting the engine portfolio is a range of service products including lubricants, filters, transmission fluids, antifreeze, marine grease, and the Strainer Pro sea strainer with flush kit. All engines come standard with a 5-year factory warranty.

Differentiator

Problem solved

Functional benefit

Brands

• Raptor Series: Flagship engine lineup including Raptor 400, Raptor 440, Raptor 460, and Raptor 575, powered by Ford's 6.2L V8 engine with ROUSH Performance supercharging technology.
• EcoBoost
• EcoJet

Products and services

• Raptor 400 Inboard marine engine delivering 350 horsepower and 404 lb-ft of torque built on Ford 6.2L V8 platform with closed cooling, designed for wake and surf boat applications and backed by a 5-year factory warranty.
• Raptor 440 Inboard marine engine producing 398 horsepower and 427 lb-ft of torque, optimized for wake and surf boat applications with strong low-end torque for tow sports.
• Raptor 460 Higher-output Raptor Series marine engine delivering 410 horsepower and 452 lb-ft of torque, requiring 93 octane unleaded fuel and fully synthetic 15W-50 oil.
• Raptor 575 (ROUSHCHARGED 575) Flagship Raptor Series inboard marine engine delivering 510 horsepower and 580 lb-ft of torque, engineered for tow-sports wake boat operations and available with Roush supercharging. Powers award-winning boats including the Tigé Ultré ZX (Boating Magazine 2025 Watersports Boat of the Year).
• 2.3L EcoBoost World's first EcoBoost marine engine and only turbocharged inboard in its segment; turbocharged 2.3L inline-four producing 310 horsepower and 350 lb-ft of torque via gasoline turbocharged direct injection (GTDI) technology. Used in jet boats including MotoJet Mini Boats and SJX jet boats.
• EcoJet Propulsion System Jet propulsion system designed exclusively for the pontoon segment as an alternative to traditional transom-mounted outboards, with closed cooling, AIS protection, 45-degree steering, 4-star emissions rating, and shallow-water operation. Mounts inside the center tube of tritoon boats.
• Helm Display Marine helm display system for boat instrumentation and control interface with Indmar engines.
• Lubricants Engine lubricants specifically formulated for Indmar marine engines, distributed through the authorized dealer network.
• Filters & Cartridges Replacement filters and cartridges engineered for Indmar marine engines and distributed through the authorized dealer network.
• Transmission Lubricants & Fluids Transmission fluids and lubricants designed specifically for Indmar marine engine transmissions.
• Anti-Freeze Marine-grade antifreeze formulated for Indmar closed cooling systems.
• Waterproof Marine Grease Waterproof grease designed for marine applications and harsh water environments, distributed through the Indmar dealer network.
• Strainer Pro Patent-pending two-in-one sea strainer with built-in flush kit that cleans the raw water-cooling circuit and adds protection in lakes with heavy vegetation; available for OEM and aftermarket.

Quantifiable outcome

• 20% fuel efficiency improvement with Raptor Series engines
• +4 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Correct Craft / Liberty TechnologiescoreStrategic or Co-development Partner · 7 November 2022Correct Craft acquired Indmar Marine Engines in November 2022. Indmar is operated by Correct Craft subsidiary Liberty Technologies which also manages PCM Engines, Crusader Engines, Levitator Engines, and Velvet Drive Transmissions. While an important new member of Correct Craft's portfolio, Indmar continues to operate independently retaining its own brand and team members.
• Ford Motor CompanycoreTechnology or Integration · 1 January 2015Indmar partnered with Ford Motor Company to marinize Ford's 6.2L V8 engine for marine use in the Raptor Series. The engines are based on Ford's legendary 6.2-liter block—the same powering F-Series Super Duty trucks. This partnership enabled Indmar to leverage proven automotive durability and engineering.
• Roush PerformancecoreTechnology or Integration · 1 January 2015Indmar partnered with Roush Performance to introduce supercharging technology to the marine industry in 2015. The ROUSHcharged Raptor engines feature Roush Performance superchargers. This partnership celebrated its 5-year anniversary in 2020 and continues to produce industry-leading powerplants.
• Tigé BoatscoreOEM/ Whitelabel/ Licensing PartnerStrategic partnership where Indmar engineers and builds custom engines specifically designed for Tigé's Convex V Hull technology. The partnership optimizes horsepower, torque balance, and fuel efficiency for Tigé's product line.
• USA Water Ski & Wake SportsminorGTM or Marketing PartnerLong-standing partnership renewal for 2021. Indmar serves as title sponsor of the Indmar Division 1 Show Ski National Championships and co-sponsors virtual video contests. Supports the NGB's mission to advance towed water sports.
• Moxie Pro SeriesminorGTM or Marketing PartnerPartnership with the Body Glove Moxie Pro Series presented by Supra Boats. Indmar creates 'Indmar Best Trick' and 'Indmar Trick of the Year' awards for the women's wakeboarding series. Supports female talent in the sport.
• Marine Retailers Association of the Americas (MRAA)minorChannel Partner/ Reseller/ DistributorIndmar committed to Partner Membership in MRAA, supporting the dealer body and building long-term profitable partnerships with dealers. Aligns with Indmar's commitment to dealer network success.
• Kyma BoatsminorOEM/ Whitelabel/ Licensing PartnerNew partnership announced for hybrid electric powertrain development. Kyma Boats world premiere featuring K7 Supercharged powered by 575 Raptor engine at Miami Boat Show.
• Pavati BoatsminorOEM/ Whitelabel/ Licensing PartnerPartnership with Pavati Boats and Roush Performance showcased at Miami International Boat Show. Collaboration on custom performance-driven boats including the AL26 debut.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• PCM Marine Engines: PCM is a sister company of Indmar within Correct Craft's Liberty Technologies division and manufactures inboard marine engines for ski, wake, and surf boats. It is Indmar's most direct internal competitor, sharing parent portfolio resources and customer relationships.
• Crusader Engines: Crusader is another Liberty Technologies sister brand producing inboard marine engines, historically used in offshore fishing and pleasure craft. Despite shared ownership, it competes head-to-head with Indmar in the gasoline inboard segment.
• Ilmor Engineering: Privately held engine developer and manufacturer with a dedicated marine division (Ilmor Marine) producing high-performance inboard engines for premium wake and surf boats. Closely comparable as a private, performance-focused inboard specialist targeting the same OEM customers as Indmar.

Broad incumbents

• Mercury Marine (Brunswick Corporation): Mercury Marine is Brunswick Corporation's marine propulsion subsidiary and the dominant supplier of outboards, sterndrives, and inboards across recreational boating. It competes with Indmar across multiple segments but at much greater scale and with a far broader portfolio.
• Volvo Penta: Volvo Penta is Volvo Group's marine propulsion division, supplying diesel and gasoline inboards, sterndrives, and complete driveline systems globally. It overlaps with Indmar in gasoline inboards and competes on premium OEM relationships, though its business extends well beyond wakeboats.
• Yamaha Marine: Yamaha's marine business sells outboards, inboards (including wakeboat-targeted Jet Drive systems), and WaveRunners. Its scale, powersports integration, and dealer reach make it a broad incumbent competitor to Indmar even though its inboard share in wakeboats is smaller.
• BRP (Bombardier Recreational Products): BRP manufactures marine propulsion (Evinrude outboards, Rotax engines) plus a full line of powersports vehicles. While primarily outboard-focused, BRP's Rotax-engine DNA parallels Indmar's strategy of leveraging non-marine automotive-grade platforms in marine applications.

Emerging players

• Cox Marine: Cox Marine is an early-stage New Zealand-based pioneer of diesel outboard engines, an emerging technology segment. It is comparable to Indmar as a focused, engineering-led disruptor that is establishing a new propulsion category rather than competing head-on with incumbent V8 inboards.
• Torqeedo: Torqeedo is a leading manufacturer of electric marine propulsion systems for leisure boats, now part of Yamaha Marine. It represents the emerging electric alternative that could compete with Indmar's hybrid-electric Kyma program and longer-term erode the gasoline inboard opportunity.
• Pure Watercraft: Pure Watercraft develops electric outboard propulsion systems aimed at pontoon and recreational boating — directly addressing the same displacement Indmar targets with its EcoJet inboard jet package. It is comparable as a propulsion-category disruptor rather than a same-technology competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/IndmarMarineEngines
• Xx.com/IndmarMarineEng

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Indmar Products