Company News – Page 17
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New partnership allows Ribcraft to build in Australia
The UK RIB brand is to commence production in Geelong, Victoria
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French firm to boost marine textile output with new production line
The company is looking to ramp up output for industry players
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Brunswick’s take on tariffs and US business prospects
Company allows $30m-$40m in incremental tariff costs if levied
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Lower Q4 revenues offset by higher profits for Hubbell
US electrical equipment manufacturer posts higher 2024 revenues, earnings on strong Q4 performance
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Cummins Q4 revenues dip 1%, full year revenues flat
US engine builder records strong sales in ‘transformative’ year
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Lookout signs new OEM supply deal with Life Proof Boats
AI-enabled navigation system to be offered as an option on full line of aluminium RIBs
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Lagoon adds new models at top and bottom of the range
French builder introduces entry level Lagoon 38; new Lagoon Eighty 3 power cat to premiere in Miami in 2026
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Losses continue for Johnson Outdoors
Revenues down 22%, US$15m net loss reported in “disappointing” first quarter
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MarineMax expands Florida Keys marina portfolio with new acquisition
Marathon, Florida-based Shelter Bay Marine purchase designed to expand higher margin business operations
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Suzuki grows market share in South Africa amid sales growth
The SA firm says it has a 53.9% share of the country’s four-stroke engine segment
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New owners found for Nobiskrug and FSG shipyards
The investors will take on the facilities following insolvency proceedings
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Viking Group opens Valhalla Yacht showroom and service centre
Located next to the Viking Yacht Service Center in Riviera Beach, Florida, the combined facility will create one of the largest outboard boat sales and service centres in the US
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Caterpillar reports record full-year profits per share in 2024 despite revenue declines
Higher marine revenues in Q4 offset lower locomotive sales in Energy and Transportation segment
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Gemini Marine to relocate to expanded Cape Town facility
The South African RIB specialist has outgrown its footprint in Epping Industrial
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Vision Marine files patent application for independent fault detection technology
The electric outboard manufacturer’s new system is designed to autonomously manage critical powertrain components
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Rebuild of St Petersburg Yacht Club marina completed
US marina’s ageing docks replaced with floating concrete solution from SF Marina
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Finnmaster Boats renews Mercury Marine partnership
Finnish boatbuilder signs OEM supply and partnership with US engine maker
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Dometic: difficult 2024, but long-term outlook remains strong
Q4 revenues down 10%, full-year sales dip 12% in reorganization year for Swedish equipment manufacturer
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Elan Yachts appoints exclusive NZ distributor
Charlie Bravo Boat Co to represent the Slovenian boatbuilder in New Zealand
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Foulkes: Brunswick boat show sales up double digits in 2025
Aggregate unit boat sales up 13% for Brunswick through early 2025 boat shows, with share gains across multiple categories