All articles by Craig Ritchie – Page 89
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News
Suzuki unveils microplastics collection system for outboards
Suzuki announced what it says is the world’s first microplastics collecting system for outboard motors on Thursday as part of the IBEX Online virtual trade event.
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News
Garmin named NMEA Manufacturer of the Year for sixth straight year
Builder picks up four additional Product of Excellence awards presented during annual NMEA annual meetings
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News
Toronto Boat Show cancels for 2021
The organisers of the Toronto International Boat Show (TIBS) announced late Monday that the 2021 edition of North America’s largest indoor boat show has been cancelled in the face of growing Covid-19 infection rates.
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News
Dometic looking to grow steering control market with new Electric Power Assist
Bolt-on system aimed at expanding market penetration in both OEM and aftermarket sectors
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Video
IBI speaks with Mercury President Chris Drees
IBI North American correspondent Craig Ritchie speaks with Chris Drees, President of Brunswick’s Mercury Marine Division, about how the company is managing booming demand, particularly in the US market, including the addition of more capacity; the split of OEM vs. dealer sales; and how to create ‘excitement’ in a virtual ...
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Video
IBI interview with Mercury’s Chris Drees (trailer)
In the latest installment of the IBI Interview series, IBI North America correspondent Craig Ritchie speaks with Chris Drees, President of Brunswick’s Mercury Marine business about market conditions, new product introductions and the challenges of managing a global manufacturing and supply footprint through the Covid-19 crisis. IBI plus subscribers, can ...
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News
US rescinds latest 10% tariff on Canadian aluminium
The new tariff announced on August 16 was withdrawn late Tuesday, hours before Canada was to implement its own $3.6bn in retaliatory levies
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News
US business owners increasingly optimistic – Wells Fargo
Q3 study highlights improved future outlook in spite of continuing near-term Covid-19 headaches
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News
Hubbell Inc CEO David Nord to retire
Connecticut, US-based electrical equipment manufacturer Hubbell Inc has announced that CEO David Nord will retire on October 1.
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News
Michigan commits to Asian carp control funding
The US State of Michigan was praised by boating, fishing and conservation groups late last week when it signed a formal commitment to allocate US$8.0m in funding toward a dam engineering project aimed at stemming the spread of invasive Asian carp.
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News
Appointment at Lippert Components
Indiana, US-based marine equipment manufacturer Lippert Components Inc (LCI) has named Mark Woloszyk as its new vice president of technology and product development.
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News
FLIBS gets green light to proceed
Broward County Commission approves permission for Fort Lauderdale International Boat Show to operate as scheduled
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News
Covid-19 shutdowns cut MasterCraft FY 2020 earnings
US boatbuilder posts losses of $10.1m for Q4 and $24m for 2020 full year, but issues positive guidance for FY 2021
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News
Florida businessman charged after spending federal coronavirus aid money on a new boat
A Florida businessman has been charged with fraud after spending nearly US$700,000 received under a Covid-19 aid program on a new boat.
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News
CAMX 2020 trade show ready to launch in virtual format
Organisers of the 2020 Composites and Advanced Materials Expo (CAMX) are working around the clock finalising details as North America’s largest trade show for the composites sector transitions to a virtual event in response to the continuing Covid-19 pandemic.
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News
Smoker Craft CEO Doug Smoker - The 15-minute read
Not watched the video yet? Check out the edited transcript highlights of IBI North America correspondent Craig Ritchie’s recent interview with Doug Smoker on keeping up with surging boat sales in the US market, US tariffs on aluminium, keeping boating affordable and the growth of first-time buyers.
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News
French catamaran builder looking to grow international business
Sailing catamaran manufacturer IZIBoat aims to enhance global sales through potential licensing arrangements
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Interview
IBI speaks with Smoker Craft CEO Doug Smoker
IBI correspondent Craig Ritchie speaks with American boatbuilder Doug Smoker, President & CEO of Smoker Craft, a line of fishing and deck boats with wide appeal among among America’s extensive angling and fishing market – about a wide range of topics including the remarkable demand that is expanding boating’s ranks, ...
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News
Higher profits offset lower Q2 revenues for BRP
Recreational products manufacturer BRP said Q2 delivered better than expected results driven by strong worldwide retail demand for its portfolio, including PWCs and boats. Wind-down of the Evinrude outboard business was reflected in a 35% drop in marine revenues.
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News
Q4 plant shutdowns drag down full-year revenues for Malibu
Challenging fourth quarter leads to 4.5% net sales decline for FY 2020, but company looking to grow share in 2021 with new model introductions