Latest News about the USA – Page 151
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Roscioli Shipyard founder dies from Covid-19
Robert “Bob” Roscioli, who began a five-decade yachting career sanding and painting hulls by hand and gained a reputation as a perfectionist, died 27 July from Covid-19 at the age of 76, according to the company website.
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Tough Q2 for Cummins Inc
US engine manufacturer records largest quarterly revenue decline in its history Covid-19 shuts down OEM customers worldwide
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Marine Products Corp records 58% Q2 sales decline
Sales, profits down sharply in the second quarter of 2020 as Covid-19 shutdowns impact US fibreglass boatbuilder, but strong June sales point to a brighter Q3
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Derecktor responds to state lawmaker’s concerns about delay to shipyard
Company president writes open letter addressing concern over delays to Fort Pierce development
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Polaris reports Q2 revenue declines
Polaris reported sales of US$132.2m for its boat business in the second quarter, marking a 28% year-over-year decline from the $182.4m reported for Q2 2019 Minneapolis, US-based boat and powersports equipment manufacturer Polaris Inc reported a 15% decline in second-quarter revenues today, driven by double-digit declines in ...
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Proposed 5G network could compromise GPS signals in the US
Critics of the proposed Ligado 5G system say its terrestrial antennae network would generate a powerful enough signal to overpower satellite-based GPS transmitters, which operate on adjacent frequencies A growing body of legislators and industry associations in the US are raising red flags over a proposed 5G ...
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First-time boat buyers up 34% in US
New empirical data confirms anecdotal reports of high numbers of new boaters entering US market
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American Magic first team to make a splash in New Zealand
The US challenger to the 36th America’s Cup took to NZ waters Monday
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Ancasta Race Boats opens new US office, appoints broker to support expansion
Alex Higby to head up Ancasta’s yacht racing division in San Francisco
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Life Proof Boats expands in Northeast USA
Massachusetts-based LC8 Marine is made an official Life Proof sales and service centre
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Record Q3 revenues for MarineMax
Clearwater, Florida-based boat and yacht retailer MarineMax reported record revenues for its third quarter of 2020, fuelled by a 37% year-over-year bump in same-store sales. For the quarter ended June 20, 2020, the company reported revenues of US$498.3m, marking a 30% year-over-year increase from the $383.4m in revenues earned during ...
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Great Lakes broker and marina operator expands US coverage with Florida-based acquisition
Detroit-headquartered KAM Yacht Sales has significantly expanded its US activities with the acquisition of Luke Brown Yachts in Ft Lauderdale, Florida. Kam Yacht Sales is part of KAM Marine Ventures LLC, which is a division of Lormax Stern, a real estate, investment and management group.
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Horizon power cats increasingly popular
Taiwanese boatbuilder Horizon Yachts continues to see strong sales in its PowerCat models, with three PC60 and two PC52 models currently in build for US clients.
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Freedom Boat Club of Tampa Bay teams up with Wavve Boating
Marine navigation app offered to all new FBCTB club members
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Quantum Marine Stabilizers to equip Canada’s largest yacht
The 50m Danzante Bay from Crescent Custom Yachts will be fitted with both Zero Speed and underway stabilisation systems
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Six US marinas change ownership in two acquisitions
Safe Harbor buys five; Southern Marinas one
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Waterline Systems expands with southeast US location
US boatbuilder adds second production and service facility in former Hatteras plant
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Hering Propellers sold
One of the most iconic brands in offshore racing and high-performance boating, Hering Propellers, has been acquired by FJ Propeller Midwest. FJ, located on Missouri’s Lake of the Ozarks, was founded by two-time world champion offshore racer Casey Boaz, who heads the CR Racing team. “I think Hering Propellers has ...
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MarineMax names new president of retail operations
US boat and yacht retailer MarineMax has promoted its VP of retail operations, Kyle Langbehn, to president of retail operations with immediate effect.