All articles by Tony Esposito – Page 88
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Brunswick drops 11% following earnings news
Financial performance from Brunswick’s largest retailer may have contributed to the sell-of
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US powerboat registrations up through February
Tow boats and PWC registrations lead the pack while larger boats make solid gains
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NewsDerecktor announces big plans for megayacht yard
Plans for first US facility designed and built for vessels over 60 meters and hosting the world’s largest boat lift
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NewsBrunswick reports “strong results” in Q1
Engine sales help drive robust growth despite Brunswick’s exit from sport yacht market
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NewsMarineMax Q2 up 12%
For the six-months ended March 31, 2019, revenue increased approximately 8%
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NewsCroatia risks shift in yacht tourism to Greece and Turkey as fees rise
Country watching to see if higher prices and fees are sending yachters to new locations
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Unsolicited management offer leads St Pete to seek marina lease proposals
The City of St Petersburg, Florida, is seeking lease/management proposals for its Municipal Marina, following an unsolicited management proposal from Safe Harbor Marinas presented back in February. The proposal was made public this week as the city issued a legal notice of intent to lease the venue.
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MarineMax completes Sail & Ski acquisition
MarineMax is expanding in Texas, completing the acquisition of Sail & Ski Center, which has three locations in two of the states fastest growing markets of Austin and San Antonio.
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Correct Craft buys Parker Boats
Correct Craft is expanding again, this time, with the purchase of North Carolina-based Parker Boats.
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Correct Craft’s ‘quiet’ aluminium boat project gets statewide showcase
Correct Craft’s quiet aluminium fishing boat project, being developed by its Watershed Innovation think-tank and the University of Central Florida (UCF), will be showcased next week at the state-wide Florida Engineering Senior Design Invitational at Florida Atlantic University.
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Rhode Island recycles fibreglass boats
With tens-of-thousands of fibreglass boats manufactured between the 1970s and 1990s coming to their end-of-life cycle, the Rhode Island Marine Trade Association (RIMTA) is hoping its Fiberglass Vessel Recycling Pilot Project (FVR) could be a solution to a growing disposal concern.
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Brunswick Boats opens Integrated Manufacturing Center
With excess capacity freed-up from the discontinuation of certain Sea Ray and Boston Whaler commercial models, Brunswick Corp has announced its Merritt Island, Florida facility is being transitioned to an Integrated Manufacturing Center (IMC) that will support “growth and development” for several Brunswick Boat Group brands.
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NewsWestrec Marinas founder dies
Westrec Marinas founder Michael Sachs died on April 11, just days shy of his 78th birthday. Sachs is survived by his wife of over 30 years, Maureen, a sister and nieces and nephews.
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Yamaha Propellers receives tax incentive to expand
Yamaha Marine Precision Propellers in the US has received two 10-year tax abatements from the city of Greenfield, Indiana to facilitate an expansion by the company with a new 50,000sq ft plant at a cost of US$18.3m and bringing 81 jobs.
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NewsBrunswick celebrates safety achievements
Brunswick Corp is honouring its employees worldwide with its top safety awards for 2018, recognising 24 facilities for promoting and practicing safety awareness, and ultimately minimising workplace incidents and injuries.
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NewsIdaho County moves to restrict wakeboats, PWCs
It what appears to be growing trend, Valley County, Idaho has become the latest governmental body to propose restrictions on wake boats and personal watercraft (PWC), in some cases, effectively banning their use.
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Acquera Yachting opens three new locations
Acquera Yachting has announced expansion plans to pen three new offices service Monaco, Antibes and St Tropez and has hired Xavier Paris to manage the operations and what the company is calling an “ambitious growth plan.”
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NewsIrwin Jacobs, wife dead in murder/suicide
Irwin Jacobs, the flamboyant former CEO of the now-bankrupt Genmar Holdings, and his wife Alexandra were found shot Wednesday in their Minnesota home in an apparent murder/suicide, according to local media reports.
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Palm Beach show reports strong crowds, sales
The 34th Annual Palm Beach International Boat Show (PBIBS) saw increases in attendees, exhibitors and sales, according to the show organisers.
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NewsMississippi sees boating, marina use down post-hurricane
The number of registered boats and occupied marina slips on Mississippi’s Gulf Coast has dramatically declined since Hurricane Katrina struck in 2005, despite efforts to reinvigorate the area following the storm.
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