All articles by Craig Ritchie – Page 115
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NewsAppointment at Brunswick
Brunswick Corp has named Greg Falkner as general manager of its Lowe Boats division, effective immediately.
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NewsBrightbill named permanent MasterCraft CEO
The board of directors for US boatbuilder MasterCraft Boat Holdings Inc have named interim chief executive officer Frederick Brightbill as the company’s new permanent CEO, effective immediately.
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NewsAppointment at CDG
Canada-based Coast Dynamics Group (CDG), manufacturer of the SHOXS shock mitigation seating and KINETIX seat monitoring system brands, has appointed Phil Gibson to the company’s business development team with responsibility for growing recreational, commercial and military accounts.
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NewsHigh potential for more Great Lakes flooding
In the wake of record flooding this year that has caused untold billions of dollars in damage, municipalities, ports and marina operators across North America’s Great Lakes region are bracing for further high waters in 2020 as lake levels remain well above typical late November averages.
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NewsBRP celebrates record Q3
Quebec, Canada-based BRP Inc released third quarter results for its 2019 fiscal year today, celebrating what president and CEO José Boisjoli described as the company’s best third quarter ever with year-over-year increases in total revenues, gross profits, net incomes and EBITA.
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NewsMichigan pledges additional US$8m to keep Asian carp out of Great Lakes
The State of Michigan has pledged US$8m in new funding in its latest efforts to keep three species of invasive Asian carp from entering the Great Lakes.
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NewsAppointment at SmartPlug
US-based shore power equipment manufacturer SmartPlug Systems has named Ron Bailey as its new global vice president of sales and marketing.
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NewsStrong Q1 for MasterCraft Boat Holdings
MasterCraft Boat Holdings Inc marked a strong start to its 2020 fiscal year, reporting gains in revenues, net income and adjusted EBITA among its first quarter results.
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NewsKVH reports softer third quarter results
Mobile connectivity and inertial navigation system manufacturer KVH Industries posted total revenues of US$39.3m in its 2019 third quarter results, while celebrating the shipment of its 10,000th VSAT system.
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NewsMalibu Boats releases strong Q1 results
US-based boatbuilder Malibu Boats Inc reported strong first quarter results today, noting year-over-year gains in sales, profits and net income.
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NewsMixed Q3 results for Lippert Industries
US-based parts and components manufacturer Lippert Industries (LCI) released its third-quarter results yesterday, showing declines in its core RV OEM business being partially offset by growth in new markets including marine.
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NewsFLIR reports mixed bag for Q3
FLIR Systems released its 2019 third quarter results on Friday, reporting a bit of a mixed bag as gains in the company’s industrial and defense markets were offset by revenue, margin and earnings declines in its commercial products business unit, which includes leisure boating equipment.
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NewsVolvo Penta Americas president to retire
Volvo Penta Americas president Ron Huibers has announced that he will retire, effective January 1, 2020.
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NewsExecutive leadership changes at MasterCraft
Tennessee-based MasterCraft Boat Holdings Inc announced today that Terry McNew has stepped down as president and CEO in order to pursue another opportunity outside of the leisure boating industry.
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NewsGarmin releases strong Q3 results
Switzerland-based Garmin Ltd has reported strong sales for its third quarter, driven by growth in its aviation, fitness, outdoor and marine divisions.
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NewsNMMA buoyed by latest US consumer confidence data
Newly-released data for October shows consumer confidence remains high in the US, in spite of overall indications of a slowing economy.
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NewsABYC announces dates for 2020 Standards Week
The American Boat and Yacht Council (ABYC) has announced its 11th annual ABYC Standards Week will take place from January 6-10, 2020 in New Orleans, Louisiana.
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NewsFairline adds North American dealer
UK-based luxury boatbuilder Fairline Yachts has named Seattle, Washington-based Selene Yachts Northwest as its newest international dealership, serving customers in the Pacific Northwest region of the US and western Canada.
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InterviewMore acquisitions on the cards as Lippert reveals hand
With seven major acquisitions in the past five years, Lippert Components Inc has become a major player in the leisure boat industry. IBI recently caught up with CEO Jason Lippert, who spoke candidly about what lies next as it builds its marine portfolio
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NewsRelatively flat Q3 for Marine Products Corp
Fibreglass boat builder Marine Products Corp (MPC) reported relatively flat sales for the third quarter of 2019, with higher volumes of outboard-powered boats offsetting declines in sales of sterndrive models.
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