All articles by Craig Ritchie – Page 52
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Record Q1 for Marine Products Corp
Net sales up 55%, net profit up 64% as improved supply and logistics, good boat show results drive strong first quarter for US builder
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Hubbell marks sixth consecutive quarter of double-digit growth
YoY gains in net revenue, gross profit, operating income and net income lead US electric equipment manufacturer to raise FY2023 guidance
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Brunswick announces BoatClass expansion
Eight new US locations for immersive on-water training program announced for 2023 boating season
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Polaris Q1 sales up 22% YoY
Marine sector revenues climb 25% on strength of favorable pricing and product mix
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MRAA opens 2023 Dealer Week exhibitor registration
US dealer conference to run December 4 to 7 at Tampa Convention Center
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Intellian announces Singapore office expansion
New facility boasts significantly larger footprint with greater potential for on-site product installation training
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Volvo Group Q1 revenues up 25% in record quarter
Volvo Penta revenues grow by 33%, driven in part by gains in marine engine sales
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Yamaha awards US dealers with Marine Service Pro recognition
News status program distinguishes dealerships having completed advanced levels of service training
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Glen Raven releases 2022 corporate sustainability update
Sunbrella marine fabric parent reports diverting 97% of waste material from landfills while utilising nearly 750,000 lbs of recycled materials
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Suzuki promotes use of sustainable fuels to US lawmakers
Engine builder’s demo boat sets off on near 800-mile journey to upcoming American Boating Congress running exclusively on sustainable fuels
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Patrick Industries announces CFO departure
EVP and CFO Jake Petkovich to depart US component manufacturer in May; Matthew Filer named interim CFO
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Executive appointment at Godfrey Marine
Doug Adrian named vice president and GM for Godfrey, Hurricane boat brands
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Yamaha Marine opens new US Innovation Center
New 75,280ft² tech facility to provide expanded home for Yamaha Marine’s US R&D operations
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Fischer Panda to debut electric shaft drive
5kW shaft drive and ePanda Series 8.0 to make UK debut at The South Coast and Green Tech Show
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Swedish boat club completes three-year marina rebuild
SF Marina contracted to complete 1,427 linear feet of docks on four concrete pontoons using high density Y-boom construction
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US government urged to do more to battle invasive species
Increased inter-jurisdictional coordination and improved funding cited as keys to combatting non-native invaders
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Biden visits Cummins engine plant
US President tours engine builder’s Fridley, Minnesota hydrogen electrolyzer facility to learn about decarbonisation efforts
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Brunswick to expand Freedom Boat Club with three Australia locations
New franchises seen as foundation for future expansion in region
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Marine firms honoured on Most Ethical Companies lists
Leisure marine sector firms well represented in two recently released lists of most trusted brands