Latest News about the USA – Page 186
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Tennessee introduces itself to the marine world
Tennessee is no stranger to the world of recreational marine; it’s a US$3b industry that employs over 15,000 residents of the state; but the marine world may not be aware of Tennessee, so a delegation from the state’s Small Business Development Center is exhibiting at this year’s METSTRADE for the ...
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Panama City to end marina rental, create fund to rebuild following hurricane
Panama City, Florida leaders are getting creative in how to rebuild the two city-owner marinas following Hurricane Michael, which devastated the city in October.
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Marine Retailers Association of America and Grow Boating expand education efforts
Marine dealerships could turn more first-time boat shoppers into boat buyers, and to that end, the Marine Retailers Association of America (MRAA) and Grow Boating are expanding their education partnership by developing additional training to be offered online and at the Marine Dealer Conference & Expo in December.
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Ambassador Hoekstra talks tariffs, opens USA Pavilion at METSTRADE
The US Ambassador to The Netherlands, Peter Hoekstra, kicked off the 2018 METSTRADE Show with a ribbon-cutting ceremony at the USA Pavilion and a meeting with exhibitors, State delegations and officials of the National Marine Manufacturers Association (NMMA).
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USA Pavilion serves as “incubator” at METSTRADE
Seven new US manufacturers will be represented at the USA Pavilion during METSTRADE this week trying to break into the EU market place in what one industry leader said is “hands-down, the best show to help them do that.”
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Ft Lauderdale poised to approve US$25m marina project
The Ft Lauderdale, Florida, city commission last week approved zoning amendments that clear the way for a vote of final approval for a US$25m mixed-use marina project, which is scheduled for 20 November.
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MasterCraft reports strong Q1 sales
MasterCraft Boat Holdings reported first-quarter net sales were up 44% to US$93.6m from the prior year. Gross profits increased nearly 28% and net income was up just over 20%.
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MasterCraft parent company changes name
MCBC Holdings Inc – the parent company of MasterCraft, NauticStar and Crest Marine – has changed its corporate name to MasterCraft Boat Holdings Inc, effective immediately.
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Massachusetts Marine Trade Association receives US$100,000 toward workforce development
The Massachusetts Marine Trades Association (MMTA) has been awarded $100,000 from the State of Massachusetts to support workforce development and career technical education in the marine trades.
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MarineMax expands financing capacity
MarineMax has expanded its financing facility to provide for borrowing of up to US$400m from the previous limit of US$350m. The three-year term expires October 2021 and has two one-year renewal options.
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Port 32 yacht service facility at Fort Lauderdale to open by year-end
Redevelopment is well underway for the new Port 32 Fort Lauderdale Marina, slated to open by year-end as a yacht service destination
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US boating industry reports strong summer season
Total US powerboat shipments for July were up 8% year-to-date and new powerboat registrations were up nearly 4% in August on a rolling 12-month year-over-year basis, according to data released by the National Marine Manufacturers Association (NMMA).
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Schwabero to retire; Foulkes named new CEO
Mark Schwabero will be stepping down as chairman and chief executive officer
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Obituary: Dave Christensen
David Christensen, founder of Christensen Shipyards in the US, passed away on Monday from complications of Alzheimer’s disease. He was 87.
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Taylor Made makes key promotion
Taylor Made has promoted Todd Vincent to director of engineering, marine OEM. Vincent was most recently senior engineering account & project manager.
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German interiors specialist launches US division
German yacht interiors specialist metrica has opened a US division in Greenwich, Connecticut. Headed by Mark Mantione, metrica’s new CEO for North America, the expansion will accommodate the company’s burgeoning US and North American-based clientele and growing project portfolio.
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US yacht broker makes Inc 5000 list
Annapolis Yacht Sales (AYS) has earned a place on the 2018 Inc magazine 5000 fastest-growing private companies in America, docking at number 4,389 with a reported US$45.2m in revenue last year and 75% growth over a three-year period.
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Clarion, JL Audio enter licensing agreement for marine markets
JL Audio is to assume responsibility for the sales, support, marketing and future product development of Clarion-branded marine audio products in the US and Canada under an exclusive, long-term agreement announced jointly by both companies.
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Lund, Crestliner target women for manufacturing jobs
US builder forms Women in Manufacturing Group
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Canadian builder exits bankruptcy
Rossiter Boats gets new owner, Scott Hanson to resume role of company president