Q3 a mixed bag for Marine Products Corp

Chaparal 267 SSX

Third-quarter revenues down 22% while year-to-date revenues remain up 15% in bad news, good news Q3 for US boatbuilder

Softening in global boat markets as a result of inflationary pressures and resulting hikes to consumer lending rates continue to impact US boatbuilders, as Georgia, US-based Marine Products Corp reported a 22% year-over-year sales decrease for the third quarter of 2023 early Wednesday.

To continue reading, click now to try our £4 for 4-week trial offer for IBI Plus, providing immediate access to all our Premium Content…


To continue reading, subscribe TODAY!

TRY unlimited access for just £1 / €1 / $1 per week for your first 4 weeks.

  • Then pay just £35 / €40 / $45 per month thereafter
  • Offer for new subscribers only
  • Cancel anytime

Keep reading for just £1 / €1 / $1

No commitment, canel anytime*
Offer ends 31 December 2023
* Cancel anytime during first 4 weeks after initial payment and no further payments will be taken.
Inclusive of applicable taxes (VAT)


   Already have a subscription?   

to your account