All articles by Craig Ritchie – Page 4
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FPT Industrial North America names new southeast US distributor
ADR Power Systems to represent FPT line along US south Atlantic coast
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IBEX unveils Fast Forward theme
North America’s largest marine trade event introduces theme reflecting rapid pace of technological change for 2025 event
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New marine president for Patrick Industries
Former CFO Jake Petkovich returns to US components manufacturer as marine segment president, succeeding Rick Reyenger who transitions to strategic advisory role
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MJM Yachts expands New England representation
Cape Yachts to represent US yacht brand in Boston, Rhode Island
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Seaview expands operations
New fabrication facility and warehouse to support growth in US Pacific Northwest for electronics mount manufacturer
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US court awards $806k verdict in yacht sale dispute
Baglietto SpA ordered to pay broker commission on sale of US$15m luxury yacht
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MCA acquires Sunbrite Solutions
Acquisition includes rebranding, investment in a new 7,500ft² manufacturing plan
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IBEX moving to December dates in 2027
North America’s largest marine trade event remains in Tampa
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Honda reports higher 2025FY revenues but lower profits
Engine builder issues conservative forecast under shadow of tariff, currency concerns
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Cigarette Racing opens first dealership in Japan
Cigarette Japan aims to grow performance boating market in SE Asia
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Yamaha Q1 revenues down 2.5%
Marine segment business sees lower revenues and profits in face of soft global boat market
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2024 another record year for Suzuki
Marine segment down 2% in revenues but profits up despite soft global boat market
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Yamaha US donates boats to conservation agencies
Yamaha US Marine Business Unit donates three vessels to support Georgia Department of Natural Resources education, enforcement efforts
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Twin Vee revenues down, but losses reduced in ‘decent’ Q1
Field inventory reductions and cost-cutting measures improve bottom line for US boatbuilder
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Lippert Q1 revenues climb by 8%
Strength in resurging US RV market offsets continued softness in marine for US components manufacturer
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MasterCraft Q3 results beat expectations
Planned volume reductions yield lower income but improved dealer pipeline as US boatbuilder adjusts to ‘evolving macroeconomic conditions’
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KVH Q1 revenues down, but losses reduced
Expense reduction initiatives and higher demand for Starlink, CommBox Edge offerings credited with improved financial picture for US satcom firm
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MJM Yachts expands dealer network in US Northeast
DiMillo’s Yacht Sales to represent sport yacht line in New York and Connecticut
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Cummins Q1 revenues, profits dip
Engine builder withdraws 2025 earnings guidance as it navigates “increasingly challenging” business environment
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Will Trump tariffs trigger new logistics disruptions?
As the last pre-tariff shipments arrive in US ports from China, experts say economic uncertainty could lead to a repeat of 2021’s supply chain upheavals