Latest News about the USA – Page 130
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Senate leader calls for reopening US/Canadian border, ease boating restrictions
US Senate Majority Leader Chuck Schumer is calling for a four-step plan to reopen the US/Canadian border and allow boaters to traverse border waters as long as they do not dock. To continue reading, please see the IBI Plus subscription options below for accessing our Premium Content.
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Myers Q1 sales up 42%
Higher sales revenues offset by higher costs related to recent acquisitions, leading to 56% dip in YOY net income
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Correct Craft to build hydrogen-powered boat
Watershed Innovation adds its support to Zero Emission Industries’ project
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KVH Q1 revenues up 16%
Second consecutive quarter of record VSAT shipments drive revenues in “quarter that beat expectations”
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Fort Lauderdale marina joins Safe Harbor, the world’s largest marina operator
The Lauderdale Marine Centre is one of the largest yacht repair centres in the US
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Executive changes at Polaris
Michael Speetzen named permanent CEO, Bob Mack appointed CFO at Bennington, Godfrey and Hurricane parent
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Lippert Q1 sales top US$1.0bn
Revenues jump 52%, net income increases 163% in record first quarter results driven by strong contributions from marine and international business segments
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Infiniti Yachts to launch new foil-driven sailing yacht
Hulls 1 and 2 are under construction in the US for delivery this summer
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Malibu reports best quarter in company history
US builder delivers record-setting third quarter from a revenue and earnings perspective
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Premier Marine acquired by investment firm
Envision Co enters leisure marine business with purchase of luxury pontoon boat builder
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Twin Disc sees improved earnings amid tough market conditions
Sales for the fiscal 2021 third quarter decreased to US$57.6m
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Equipment maker Lippert acquires German company
Described as part of its broader European strategy, US based Lippert Components has established a new subsidiary in Germany and added German supplier Schaudt to the fold
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Patrick Q1 sales up 44%, net income up 124%
US component manufacturer posts robust Q1 numbers on strength of continued strong demand for boats, RVs
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Brunswick: “Fantastic start to 2021”
In a wave of positive first quarter financial results, it’s hard to find new superlatives to describe unprecedented boating industry growth: today US boating leader Brunswick reports nearly 50% increase in revenues and builds more than 9,400 boats in Q1
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Hurricane Boats expands manufacturing
US fibreglass boat builder begins production at former Rinker plant
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OneWater Marine reports record Q2, 74% revenue hike
US boat retailer “firing on all cyclinders”
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Marine Products Corp reports strong Q1 results
Chaparral, Robalo and Vortex boats parent reports 106% YOY increase in operating profit, 92% gain in net income
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Polaris touts unprecedented Q1 demand
US based Polaris Inc. – producing outdoor on and off-road vehicles including snowmobiles, motorcycles and boats in the deck and pontoon segment – exceeded expectations in its first quarter despite substantial supply chain challenges.
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US awards $20m in grants to 31 small shipyards
MARAD, the US department of Transportation’s Maritime Administration, is releasing nearly US$20m in grants to 31 small shipyards in 15 states. The Small Shipyard Grant Program helps small shipyards modernise, increase productivity and create local jobs while competing in the global marketplace, according to a department news release and local ...
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Cruisers Yachts buys former Carver/Marquis facility
US builder says growth over the past 24 months has been “unprecedented”