Latest News about the USA – Page 148
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Mercury Marine to offer outboards on select Sportsman models for the first time
Mercury Marine, a division of Brunswick Corp, is to offer Mercury outboard engines – including the 350 and 400 Verados and other high horsepower Mercury outboards – for the first time on nine Sportsman models beginning on November 1.
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Pardo Yachts Miami relocates
Pardo Yachts Miami LLC, the Italian builder’s representative for the Americas and exclusive dealer for Florida, has moved to a centrally located office loft at 64 NW 54th St in the Wynwood Design District of the Little Haiti area.
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CompX shares soar 21% at Friday’s close
CompX International, whose holdings include Livorsi Marine and Custom Marine Inc (CMI), saw its stock jump slightly more than 21% to close at US$16.95 at the end of trading on Friday 18 September.
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Harken Inc gets new owners
Harken Inc, the US-based deck hardware manufacturer, has been acquired by its employees. The news comes not long after the company announced that it had acquired its longtime Dutch distributor, On Deck BV, for an undisclosed sum.
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Hurricane Sally destroys or damages marinas and boats along its path
While now a tropical depression dumping massive amounts of rain, Hurricane Sally came ashore near Gulf Shores, Alabama on Wednesday, taking some by surprise and leaving boats strewn well inland or sunk at the dock. At least one marina was severely damaged and at least one man is missing. Earlier ...
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OXE agrees major order but scales back on 2020 growth forecast
Swedish diesel outboard engine manufacturer OXE Marine has signed a letter of intent with current central and southwest US distributor Diesel Outboards LLC (part of the Outdoor Network group) to expand ODN’s distribution territory to also cover southeast US. ODN’s expanded territory will include Florida, which according to OXE representants ...
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VIVIC signs US$100m contract for development of electric yacht
VIVIC Corporation will be developing a US$100m smart electric yacht manufacturing project with the Quanzhou Taiwanese Investment Zone Management Committee. The 33-acre site in China will include a production plant and what a company news release describes as “an exhibition centre for electric yachts”. The company said it has completed ...
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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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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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Judge declares yacht ownership suit “a mess”
A federal judge in Miami, Florida who has declared the ownership lawsuit over a US$1m yacht “a mess” is allowing a local business which has procession of the boat to keep it temporarily, and has further suggested federal investigators may want to intervene. It all began in April, when brothers ...
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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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Australian multihull builder expands US presence
McConaghy Boats of Australia has formed a strategic partnership with Engel & Völkers, based in Newport Beach, California, making it the company’s preferred partner for the sale of McConaghy Multihulls. The announcement comes as McConaghy expands its Multihull range and sets its sights on sales growth in the US.
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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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Head of Brunswick Boat Group to depart
Huw Bower, Vice President and President, Brunswick Boat Group, will be leaving the company this week
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US boat retailer OneWater launches Public Offering
In a bid to continue its fast-paced growth, OneWater Marine is offering company and shareholder common stock to fund working capital and expansion; the company has provided preliminary Q4 results through the end of August to support the offering
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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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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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IBEX Online announces Education Conference
Details of the International BoatBuilders’ Exhibition and Conference (IBEX) 2020 Education Conference, being held virtually from September 29 to October 2, are now available.
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Calibre Inc enters marine market
Premier paint finishing solutions specialist targets boating industry
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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