Latest Company News – Page 246
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Decking manufacturer LIGNIA aims for ambitious growth after raising £5m funding
Equity investment brings LIGNIA’s total fundraising to £17 million over the past three years
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Independent builders select Fusion as entertainment supplier choice
Entire line of Fusion, a brand of Garmin International, will be available direct to IBBI members though 2024
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2019 European Inventor Award for Finsulate antifouling
Antifouling fibre wrap that prevents the growth of algae, barnacles and mussels on boat hulls
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Turkish yard unveils new hybrid yacht series
Naval Yachts, located in the Antalya Free Zone in Turkey, has unveiled a new aluminium hybrid yacht series called ‘GreeNaval’. The concept behind the GreeNaval series is maximum comfort and efficiency, combined with eco-friendly technology.
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Honda Marine expands Boat Builder Alliance
Honda Marine in the UK has expanded its Boat Builder Alliance portfolio with the addition of Dutch boatbuilder Maxima.
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New Sunseeker CEO confirms development plans
Following on from IBI’s report last week, Sunseeker’s new CEO, Andrea Frabetti, has confirmed that the UK builder’s current range will double in size to 22 models over the next three years. Aided by a £50m CAPEX investment across five years, the company will also focus on further developing the ...
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FPT sets out leisure marine ambition at Venice show
Italian engine specialist looks to leverage leisure marine operations
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Turkish SY builder expands
Turkey’s Alia Yachts is building a new complex adjacent to its existing facilities in the Antalya Free Trade Zone, effectively creating a whole street block dedicated to the brand.
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ePropulsion UK signs major supply deal
The UK division of Hong Kong-based electric outboard manufacturer, ePropulsion, has signed a deal to supply 60 fully integrated propulsion systems to RS Sailing.
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Rutgerson enters Canadian market
Swedish yacht equipment manufacturer Rutgerson has chosen Dada Marine to distribute its full line of deck hardware and sail fittings on the Canadian market.
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CDI Electronics names Polish distributor
CDI Electronics, the US-based marine ignition systems specialist, has chosen ITA Marine to serve as its distributor in Poland.
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Dutch yard opens Palma de Mallorca service centre
Vitters Shipyard, the Dutch maker of 30m-plus custom sailing yachts, has opened a service facility in Palma de Mallorca.
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Frauscher eyes big plans for Russia
Frauscher Boats says it plans to significantly expand its presence in Russia. For this purpose, the Austrian boatbuilder recently signed an agreement with Burevestnik Group, Russia’s leading distributor of boats and yachts, to help promote its products on the local market.
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New Groupe Beneteau CEO reveals immediate goals
Jérôme de Metz outlines plans for new brand strategy
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Mercury Marine’s changing workforce demographics: youth and diversity
Walking through the Mercury Marine manufacturing operation as recently as 10 years ago, one would see a workforce that was largely old, male and white. Today, a company-wide diversity effort, changing community demographics, the addition of technologically-advanced workstations and automation have opened up more jobs to more people, and nowhere ...
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Ferretti Group consolidates superyacht new building in Ancona
The expansion of the Ferretti Group into the superyacht sector, now encompassing four out of its eight brands, is clearly focused on Ancona. The group has already invested in excess of €32m on reshaping the yard to cope with the increased workload generated through the creation of the Ferretti Group’s ...
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UK yards join forces to offer new repair option
SMS (Southampton Marine Services) and the Fairline-owned Hythe Shipyard in the UK have linked to offer a package of marine repair, maintenance and refit services for yachts and commercial vessels. Both shipyards, based on Southampton Water or adjacent to, will work together in sharing facilities and skills to secure new ...
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Last yacht launched from Christensen Shipyards Vancouver facility
Thirty-four years of luxury yacht building for Christensen Shipyards has come to an end in Vancouver, Washington, as the last vessel completed at the facility was launched this week. Christensen is relocating its operations to a larger facility in Tellico Lake, Tennessee.
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Dutch inboard electric motor manufacturer appoints UK distributor
Water World Electronics, a Dutch manufacturer of electric inboard motors, has appointed Energy Solutions as its exclusive UK distributor.