Craig Ritchie
Craig Ritchie is IBI’s North America editor, covering the Canadian and US markets with a focus on technology and business strategy. He began writing about the North American boat industry in 1989; prior to joining IBI he served as director of editorial for one of Canada’s largest magazine publishers.
- News
KVH Q1 revenues drop 14%
Challenging Q1 for US satcom service provider as it winds down hardware manufacturing operations
- News
SoFlo Boat Show kicks off May 17
Second annual south Florida boat show will feature more than 200 boats at Miami Marine Stadium from May 17-19
- News
Hempel to divest JW Ostendorf and Renaulac business units
Proposed sale to equity group Fidelium Partners to include German factory, French stores and about 500 employees
- News
Another tough quarter for Johnson Outdoors
Second-quarter revenue and profit declines across all operating segments underscore challenging market conditions for US watercraft and equipment manufacturer
- Boatbuilding Materials & Machinery
3D printing finding traction in boat production
Additive manufacturing technology can help boat builders save time and money by facilitating mold production
- News
Raymarine Pathfinder radar receives type approval
TÜV SÜD certification said to uniquely differentiate compact radar array
- News
Patrick reports higher revenues, margins, incomes in solid first quarter
Rebound of recreational vehicle sector offsets soft marine market for US engineered components manufacturer
- News
Cummins Q1 revenues down, but profits up
US engine builder raises full year guidance on strong outlook
- News
Xylem Q1 revenues up 40%
Rule, Jabsco and Flojet parent raises full year guidance on strength of encouraging demand picture
- News
Siren Marine signs supply deal with KingFisher Boats
Adoption on select 2025 Kingfisher models marks Canadian OEM debut for US connectivity firm
- News
Wells Fargo – don’t expect US rate cuts till September
US bank’s April economic outlook says finance sector in a holding pattern, with no rate adjustments expected until Q3
- News
Record Q1 for Garmin
Consolidated sales up 20%, marine sales up 17% as electronics manufacturer reports record financial results across four of five business segments
- News
Navy Pier Marina set to begin construction this year
Downtown Chicago facility designed to encourage boating tourism receives final permits; grand opening scheduled for summer 2025
- News
Yamaha extends hydrogen competency with golf cart launch
Demonstration of H2-powered golf cart last week reveals continued progress in development of hydrogen propulsion systems
- News
Mixed Q1 for Hubbell Inc
Electrical equipment manufacturer reports revenue gains as cost increases reduce profits
- News
Damen Services Canada opens new service facility
New Victoria location to provide enhanced warranty, service support
- News
First quarter gain in US RV shipments brings optimism to US marine sector
A 9% year-over-year increase in wholesale camper deliveries through the first three months of 2024, combined with good winter boat show sales, suggest brighter days ahead for the leisure marine segment
- News
Aquitalia names US dealer
Chinese yacht builder expands into US market with appointment of United Yacht Sales as North American rep
- News
Lower volumes, higher prices lead to flat Q1 for Caterpillar
US engine builder reports slightly lower revenues but higher profits in “rewarding” first quarter of 2024