All articles by Tony Esposito – Page 87
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Bradford Marine sold
Fort Lauderdale Yacht Harbor (FLYH) has acquired the boatyard and marina operations of Bradford Marine Fort Lauderdale and Bradford Marine Bahamas.
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Survey reveals US boating industry policy priorities
A survey of US boating industry manufacturers resulted in over 1,500 responses to the National Marine Manufacturers Association’s (NMMA) first-ever boating industry policy survey, identifying and prioritising the top policy issues for the coming year. The responses exceeded the trade group’s original projections.
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Glastron Boats founder dies
William “Bill” Gaston, founder of US sportsboat manufacturer Glastron Boats, passed away peacefully last week at his home in Austin, Texas. He was 91.
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Telwater issues recall on Savage models
Queensland, Australia-based Telwater has issued a recall on its Savage 645C, 655C and 655C hardtop models built between February 2012 and October 2016.
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Bryant Boats signs multi-store dealer in Spain
Bryant Boats, the US builder of bowrider and tow-sport boats from Sweetwater, Tennessee, has signed its first dealer in Spain.
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Cobalt announces US$7m, multi-year facility expansion
Cobalt Boats is expanding its capacity at the Neodesha, Kansas factory where it has built boats for the past 50 years to meet market demands.
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Marquis Yachts restructures following Larson sale
With the sale of its Larson boat brand to Polaris and the first Lexus-branded yacht due this autumn, Marquis Yachts has announced a strategic reorganisation focused exclusively on the luxury yacht market.
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Trade wars impacting whole of US economy
Trump tariffs to restrict GDP growth by an average of 0.1% per year for the next decade if they remain in place
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NMMA’s Dammrich honoured by marina industries
Outgoing National Marine Manufacturers Association (NMMA) president Thom Dammrich was honoured during the opening ceremonies of last week’s International Marina & Boatyard Conference in Ft Lauderdale, Florida.
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US government shutdown ‘hits close to home’ for boating industry
The longest government shutdown in US history ended last week with a stop-gap funding measure that will keep federal agencies working until February 15. But the month-long stalemate resulted in an US$11bn hit to the US economy, creating several challenges to the recreational boating industry, according to an analysis released ...
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Florida Keys fight Airbnb yacht rental
Monroe County, Florida – which is made up entirely of the Florida Keys – is cracking down on Airbnb rentals, and has its first-ever test case pending against the owner of a 40ft sportfishing yacht.
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MPC reports Q4 drop in net sales
Marine Products Corp (MPC), the parent company of Chaparral and Robalo boats, reported Q4 2018 net sales of just over US$62m, down 5.4% from the previous year which the company says is due to a decline in international sales due to the Trump administration tariffs.
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Vanquish Boats relocates
After a decade of building ‘New England-style’ runabouts, dual and center consoles, Vanquish Boats is relocating to South Florida to accommodate the company’s growth.
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Brunswick creates fibreglass boat design and technology centre
Brunswick Boat Group is launching a 45,000sq ft Fiberglass Boat Technology Center (BFBTC) in what the company says will be “home to the industry’s most formidable boat product development team, with a mission to design, engineer, and launch innovative, industry leading products for two of the most iconic brands in ...
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MarineMax starts fiscal 2019 on an upswing
MarineMax reported revenue growth of 2% – or just over US$5m – for the fiscal 2019 first-quarter ended 31 December 2018.
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US outboard wholesale shipments up in 2018
Wholesale outboard shipments in the US were up 5.9% in 2018, according to the National Marine Manufacturers Association (NMMA) Monthly Shipping Report.
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Seattle Yachts acquires Cabrillo Yacht Sales
Less than a year after opening an office on the US east coast, Seattle Yachts has purchased Cabrillo Yacht Sales of San Diego, California.
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US powerboat registrations up through November
US powerboat registrations were up 4.4% in November on a rolling, 12-month year-over-year basis, with increases seen in all categories of boats.
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South Florida marine economy continues to rise
The recreational marine industry’s multi-billion-dollar economic impact on South Florida is growing across Broward, Miami-Dade and Palm Beach counties, according to the Marine Industries Association of South Florida (MIASF), the Greater Fort Lauderdale Alliance and a new study com
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Hearings scheduled to revitalise marine industry in New York
The Suffolk County Marine Industry Revitalization Advisory Council (MIRAC) is seeking input from marina owners, commercial and recreational anglers and residents in deed of dredging “to help shape policy that will create the next generation of marine workers, support much-needed dredging projects, protect fisheries from deadly algal blooms, and ensure ...