All articles by Craig Ritchie – Page 38
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NewsHubbell Q2 revenues climb 6%
Electrical Solutions segment, including Hubbell’s leisure marine business, down 2% despite margin expansion and operating profit gains
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NewsXylem Q2 revenues up 26%
Rule, Jabsco and Flojet parent raises full-year guidance on strong earnings despite softer performance in leisure marine segment
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NewsMarine firms collaborate to launch electronic anode replacement
CMP Group, Piombino Tech and Quality Mark claim new cathodic protection platform represents a more sustainable alternative to traditional zincs
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NewsAustralian equipment builder unveils new tender chocks
Davco says new AquaChock system mounts flush to deck surfaces to eliminate tripping hazards when removed
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NewsBank of Canada cuts interest rate for second straight month
Further rate reductions anticipated as inflation continues to ease and boat sector plans for 2025
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NewsUS startup looks to make waves in navigation assistance segment
Lookout aims to earn share in OEM, refit channels with innovative AI-enabled camera platform
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Green TechnologiesNext-gen composites for more sustainable boat building
The adoption of next-generation composites is said to allow boat builders to create higher performance products with greater recyclability – all while reducing their overall manufacturing footprint. Is that claim accurate, or is it simply too good to be true?
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NewsBrunswick Q2 revenues down 15%
Slow retail sales lead to second-quarter results falling “slightly below expectations” for world’s largest boat, engine and marine equipment builder
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NewsTough Q2 for Marine Products Corp
US boatbuilder reports 40% YoY revenue decrease as dealers continue facing high inventory finance costs
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NewsGovernment figures show Canadian luxury tax a failure
Justin Trudeau’s luxury tax on boats, autos and private aircraft directly attributed to job losses while failing to meet revenue projections
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NewsIBEX to feature expanded pavilions, trade routes
A total of eight pavilions and three trade routes aim to enhance visitor experiences at North America’s largest leisure marine trade event
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NewsPolaris Q2 revenues down 12%
Marine sales decrease 40% YoY while maintaining share in key pontoon segment
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NewsToronto-area storms sweep away boats, docks
Heavy downpours in southern Canada lead to widespread flooding in Toronto area as multiple docks, boats swept away by strong currents
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NewsYamaha Motor launches mangrove planting project in Indonesia
Sustainable forest management and ecosystem conservation initiative aims to ‘help keep oceans pristine for future generations’
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Battery TechnologiesUS firm develops first ‘forever-chemical-free’ battery
New lithium chemistry delivers 20% more power without the use of “forever chemicals” in a battery said to be competitively priced with other cobalt-based electrodes
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NewsCummins awarded US$75m for zero-emissions manufacturing
US Department of Energy grant supports $150m initiative toward EV component manufacturing and job creation
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NewsGarmin expands JL Audio source unit range
New MediaMaster 55 and 55-HR source units designed to bring audiophile sound to small boats and crowded helms
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NewsNavico ICAST launches appeal to full spectrum of recreational fishing market
Value Eagle Eye fishfinder and premium Recon trolling motor lines make their debut at US fishing equipment trade event
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