More Company News – Page 219
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NewsBRP closes Alumacraft Arkansas plant, consolidates in Minnesota
BRP will shutter its Alumacraft Boat operation in the state of Arkansas, eliminating 90 jobs and consolidating manufacturing at its existing facility in St Peter, Minnesota, according to a company news release and local reports. This on the heels of Wednesday’s announcement that the Canadian outdoor recreational products company is ...
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NewsSailTimer appoints official distributor for EMEA
Marine Components International (MCI) in the UK has been made the official EMEA distributor of a new range of anemometers by Canadian manufacturer SailTimer Inc.
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NewsSilent-Yachts reports four new sales during crisis peak
Austria’s Silent-Yachts has reported four new sales in recent weeks. The company now has eight solar-electric catamarans under construction at its yard – one Silent 55, four Silent 60s and three Silent 80s, the 24m flagship model of the entire range.
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NewsSunseeker staff to return to work
The UK’s Sunseeker International is implementing a phased return to work for all its employees starting as early as next week.
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NewsGerman interiors specialist buys Austrian facility
German yacht interiors specialist metrica has completed the acquisition of a new facility in Greifenburg, Austria.
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NewsFairline warns of job losses
Workers at Oundle, UK-based boat manufacturer Fairline Yachts are facing an uncertain future after the company warned of the need to axe jobs, reports The Peterborough Telegraph.
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NewsTough Q1 for BRP as it exits the outboard engine business
Near 26% revenue decline in marine segment and over 40% drop in outboard sales leads BRP to discontinue production of Evinrude outboards and pursue new marine strategy including partnership with Mercury
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NewsFerretti expands US footprint
Italy’s Ferretti Group has announced a US$15m investment to purchase a service shipyard in Ft Lauderdale, Florida to increase the strategic presence of Ferretti Group America.
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NewsBoero YachtCoatings signs deal with Salomé Yachts
Boero YachtCoatings, the Yachting Division of Italian paint and coatings specialist Gruppo Boero, has signed an exclusive partnership agreement with Berlin-based Salomé Yachts & Design GmbH to jointly develop a unique range of coatings for Salomé’s Atlantic Series of luxury tenders.
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NewsDutch builder expands yard in response to “growing demand”
Zeelander Yachts of the Netherlands is expanding its state-of-the-art shipyard in Groot-Ammers in response to what it describes as growing demand for its boats. This will also allow the company to prepare the ground for the development of new models.
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VideoInterview with Sunseeker’s Andrea Frabetti
IBI’s Ed Slack interviews Sunseeker CEO about post-Covid buyer demand, new production strategy, forward forecasts, and plans for Cannes
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NewsCXO300 diesel outboard enters production
Cox Powertrain has announced the start of production of its 300hp diesel outboard engine, the CXO300, at its UK headquarters and advanced assembly and test facilities in Shoreham, West Sussex.
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NewsPandemic drives US boat sales
“Sales have exploded over the past four weeks.” That sentiment, expressed to IBI by Clarks Landing Yachts Sales general manager Dave Patnaude, is seemingly shared by a variety of boat dealers across the US. His two locations in Maryland and one in New Jersey have seen around US$4m in sales ...
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NewsOXE Marine selects US manufacturing partner
Sweden’s OXE Marine AB has chosen Outdoor Network Manufacturing (ONM) in the US to serve as its manufacturing partner in the US.
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NewsInvincible Boats lives up to its name
Despite losing about six weeks of production to the COVID-19 pandemic, Invincible Boats is on track to reach its calendar year 2020 production goals, though its fiscal fourth quarter – which ends in July – will likely offset gains made in the first half of the fiscal year. Exempt from ...
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NewsInterview with Sunseeker’s Andrea Frabetti (trailer)
IBI’s Ed Slack interviews Sunseeker CEO about post-Covid buyer demand, new production strategy, forward forecasts, and plans for Cannes
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NewsRobertson & Caine looks to make up lost production as SA economy reopens
South Africa’s biggest yard is to ramp up production under new health and safety regulations
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ArticleThe 5 minute read: Ferretti’s Alberto Galassi interview
Not watched the video yet? Check out this 5-minute excerpt from the full transcript of IBI’s recent CEO interview, with highlights including the cost and full impact of Covid-19 on the builder; his views on prospects for a market rebound; and the memories of Covid-19 that haunt ...
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NewsMarine stocks benefit from ‘Staycation’ trend
Shares of Dometic Group, noted Bloomberg, have jumped 71% since the end of March, topping Europe’s Stoxx 600 Index for the same period.
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InterviewFerretti Group CEO, Alberto Galassi – The 15-minute read
Not watched the video yet? Check out the transcript of IBI’s recent CEO interview, with highlights including the cost and full impact of Covid-19 on the builder; his views on prospects for a market rebound; and the memories of Covid-19 that haunt him
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