All articles by Craig Ritchie – Page 104
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BRP reports mixed Q2 results
Strong powersports and boat gains partially offset by lower outboard revenues
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White River Marine Group donates parkland back to City of Lebanon following controversial purchase
US$2.5m land acquisition for plant expansion inadvertently includes city park
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Canadian volunteer group approaching milestone in abandoned vessel recovery efforts
“Dead Boats Society” closing in on removing its 100th abandoned vessel from Canada’s Pacific coast
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US-China trade war intensifies
Tariff increases, demands for US manufacturers to leave China cap wild weekend of trade rhetoric
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BRP wins 7 Red Dot Design Awards
Sea-Doo FishPro and RXT-X personal watercraft models selected among entries from 54 countries representing 8,697 brands
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New manufacturer enters US aluminium fishing boat market
A newly-launched US boatbuilder aims to capture a share of the lucrative domestic aluminium fishing boat market.
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Registration for CSBC Symposium now open
The Canadian Safe Boating Council (CSBC) has opened registration for its annual Symposium, to be held this year in Port Credit, Ontario from September 18-20.
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Executive appointment at Johnson Outdoors
Johnson Outdoors Inc has named Larry Baab as its new group vice president, camping and watercraft recreation.
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Glen Raven appoints new CMO
Steve Pawl assumes role as first Chief Marketing Officer for manufacturer of Sunbrella fabrics
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Polaris, Wells Fargo extend financing relationship
Dealership financing joint venture to now run through 2027
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Chris-Craft | Stephen Heese
Chris-Craft’s president and CEO speaks with IBI about sales trends, working with Winnebago and what the future holds as the iconic US boat builder celebrates 145 years in business.
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Up to 75 boats damaged in Auckland storms
Severe weather described by one observer as ‘a mini tornado’ in Auckland resulted in damage to yachts and marina facilities on Monday night, according to a report by Stuff, the New Zealand news outlet.
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Trump blinks on new tariff threat
US President Donald Trump has softened his position on a threat made earlier this month to levy a new 10% tariff on US$300bn worth of Chinese goods not already subject to existing tariffs.
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Canadian boat dealer subject of fraud investigation
The Royal Canadian Mounted Police (RCMP) have arrested one person and siezed a number of boats as part of an ongoing fraud investigation into a Vancouver-area boat dealership.
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Inflatable watercraft, paddles gain exemption from US tariff list
The Office of the US Trade Representative (USTR) has announced that certain inflatable boats, kayaks, canoes and paddles have been excluded from a list of Chinese imports subject to tariffs.
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Great Lakes marinas prepare to assess flood damage
Marina operators in one of North America’s premiere boating regions are hopeful that recent declines in water levels could signal the end of months of flooding and record-high water levels. Now, planning for the cleanup begins.
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Focus on affordability at 2020 Smoker Craft dealer event
US independent boatbuilder Smoker Craft Inc unveiled a wide range of new models at its 2020 model year dealer meeting this week, with a clear focus on capturing market share among entry-level and mid-level buyers.
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Mixed 2019 Q1 results for Suzuki
Suzuki Motor Corp released its 2019 first-quarter results on Monday, revealing lower overall sales and profits attributed to a sagging Indian automotive market offsetting gains in the company’s marine and motorcycle business.
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Cummins reports mixed bag in Q2 results
Cummins Inc has released its second quarter results reporting mild revenue increases overall in a generally flat market.
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Johnson Outdoors reports Q3 revenue gains
Marine and outdoor equipment manufacturer Johnson Outdoors Inc released its 2019 third quarter results on Friday, reporting higher revenues on the strength of solid fishing equipment sales.