All articles by Craig Ritchie – Page 88
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News
Myers Industries acquires Elkhart Plastics
Acquisition positions US fuel tank manufacturer among five largest rotational molding firms in US
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Allsalt Maritime announces expansion in US, Asia
British Columbia, Canada-based Allsalt Maritime Corporation – parent to the Shoxs and Kinetix brands of shock-mitigation seating products – has expanded its global footprint with new sales offices in the US and Singapore.
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MasterCraft posts most profitable first quarter in company history
Lower unit sales volumes attributed to supply chain challenges offset by delivery of more content-rich product as US boatbuilder ramps up for continued production increases
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Canadian marina group acquires eighth property
Maple Leaf Marinas acquires Walker’s Point Marina in central Canada’s Muskoka region
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Halifax Boat Show confirmed for 2021
The owners of the Halifax International Boat Show have confirmed that eastern Canada’s largest consumer boating event will proceed as scheduled, operating from Thursday February 4 through Sunday February 7 inclusive at the Halifax Exhibition Centre.
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‘Phenomenal’ first quarter for Malibu
Growth in net sales, gross profit and net income point to strong start to 2021 FY for US fibreglass boatbuilder
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FLIR releases Q3 results ‘in line with expectations’
FLIR reported third quarter financial results in line with expectations on the strength of growing military sales Virginia, US-based FLIR Systems Inc released its third quarter financial results on Friday, reporting strong earnings, a healthy backlog and the reinstatement of its 2020 guidance. For the quarter ended ...
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Wells Fargo Marine Group President on boat finance in the US - The 15-minute read
Not watched the video yet? Check out the edited transcript highlights of IBI’s recent interview with Bruce Van Wagoner on current trends in the North American leisure marine industry, inventory pipeline levels, forecasting in the age of Covid-19 and whether boat dealerships can become too big to fail.
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Appointment at Future Fibres
Valencia, Spain-based Future Fibres Ltd recently announced that accomplished offshore sailor Pete Cumming has joined the firm in an advisory capacity, with immediate effect.
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KVH posts strong Q3 results
Gains in both product and mobile connectivity service sales drive “strongest Q3 in years”
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Garmin record Q3 results buoyed by strong marine sales
Marine segment posts 54% YOY revenue growth, 152% increase in operating income
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Hubbell feels Covid pinch in 2020 Q3 results
Declines in net sales, gross profits and net profits point to continued uncertainty in the power market
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Video
IBI Interview with America’s largest marine finance group (trailer)
In the latest installment of the IBI Interview series, IBI North America correspondent Craig Ritchie speaks with Bruce Van Wagoner President of Wells Fargo Marine Group, the largest marine finance provider in the US market about market conditions, inventory levels and how boat manufacturers and dealers have been managing through ...
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Video
IBI speaks with Wells Fargo Marine Group in America
IBI North American correspondent Craig Ritchie speaks with Bruce Van Wagoner, President of Wells Fargo Marine Group in the US, about how the 2020 boat sales and finance market is shaping up in the context of this year’s extraordinary Covid-related business disruptions in mid-March, followed by the surprise surge of ...
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News
Strong boat sales float Q3 earnings for Polaris
Boat division leads all other segments with 30% YOY sales jump to drive higher overall earnings, profits
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Winnebago releases strong Q4 and FY 2020 results
Chris-Craft credits new model introductions for record Q4 sales and production backlog through spring 2021
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Four more Canadian boat shows cancel
Four more Canadian boat shows have cancelled their 2021 events as a second wave of Covid-19 continues to spread across the country and, in particular, through its most populous province of Ontario.
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Canadian entrepreneur to relaunch Limestone Boats
Former Rossiter Boats founder aims to refresh a heritage nameplate with two new models for 2021
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Vancouver Boat Show cancels
Organisers of the Vancouver International Boat Show (VIBS) informed exhibitors late Monday that the 2021 edition of western Canada’s largest consumer boat show will be cancelled in the face of rising Covid-19 infections.
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Montreal Boat Show cancels
Another Canadian boat show has cancelled its 2021 run as a second wave of Covid-19 spreads across the country.