All articles by Tony Esposito – Page 92
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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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Mercury Marine names product integration engineering director
Rich Todhunter has been promoted to director of current product engineering and product integration engineering at Mercury Marine.
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Patrick Industries marine segment up triple-digits in Q3
Patrick Industries, the recreational vehicle and marine component manufacturer, has reported third-quarter sales up 41% at US$575m with net income up 57% at nearly US$28m. Marine sales for the quarter – representing about 14% of total sales – were up 137%.
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Carver Industries sold
Covercraft Industries has acquired Carver Industries in a move described by the company as “enhancing Covercraft’s world-leading pattern library” and expanding its assortment of custom-fit vehicle covers. Terms were not disclosed.
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Brunswick reports bullish Q3
Brunswick Corp released third-quarter results Tuesday on the heels of an announcement that chairman and CEO Mark Schwabero will be stepping down at the end of the year.
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MarineMax names VP of operations
Kyle Langbehn has been named national vice president of operations for MarineMax, having served in several positions of increasing responsibility since joining the company in 2002.
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Boat Fix expands to US with B2B branded service offer
Boat Fix, the telematic boat monitoring service in the UK for the past 28 years, is expanding to the US and seeking volume partners to rebrand and resell the service.
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Marine Products Corp Q3 sales up over 21%
Marine Products Corp (MPC), parent company of the Chaparral and Robalo boat brands, has reported third-quarter sales up 21.6% over the same period a year ago.
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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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Regulator Marine moves HR director to executive role
Rex Anderson has moved from director of human resources for Regulator Marine to executive vice president of strategic planning and development for the South Carolina-based builder of centre console offshore fishing boats.
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TYG opens new Ft Lauderdale showroom, appoints sales director
The Yacht Group (TYG), a US supplier of electronics, graphics and controllers to yacht-builders and owners, is opening a new Ft Lauderdale, Florida showroom this week to provide a “one-stop demonstration” space for its customers. The company has also named Anthony Nickel as sales director to lead the new location.
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Boats Incorporated sold to investor group
VR Mergers Acquisitions (VR) has announced the closing of its brokerage sale of Boats Incorporated to an investment group headed by Scott Leahy.
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Polaris Q3 up 12%
Polaris Industries reported third-quarter 2018 sales up 12% from last year at US$1.65bn, with its recently acquired boat companies adding US$134m to Q3 sales.
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Land ‘N’ Sea selected Nautic-On distributor for North America
Nautic-On, the onboard hardware kit that allows remote monitoring and diagnostics for boaters to stay in touch with their vessel’s key systems and share information with their service provider to resolve issues, has announced the selection of Land ‘N’ Sea as its North American distributor.
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Former fishing guide faces additional fraud charges, lawsuit
A Forsyth County Georgia fishing guide who was arrested on a series of fraud charges in July was taken into custody for a second time last week, facing additional criminal charges, and now, a civil lawsuit filed by boatbuilder Carolina Skiff.
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DealersCircle adds six new OEMs
DealersCircle Inc, the web-based marine industry provider that links the manufacturer, dealer and customer together to simplify and automate the process of boat and parts ordering, warranty claims and customer follow-up, has added six new marine OEMs to its roster.
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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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US$500,000 grant to help Maine boatbuilders incorporate 3D printing technology
A group of researchers at the University of Maine and marine industry leaders have created a ‘technology cluster’ to help Maine boatbuilders explore how large-scale 3D printing using economical, wood-filled plastics can provide the industry with a competitive advantage. The effort is being funded by a US$500,000 grant from the ...
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Boats Group relaunches boats.com
Boats Group, parent company of boats.com, has announced a major redesign to the boat-buying website aimed at both improving the buying experience for boaters of all varieties as well as keeping potential buyers engaged in the purchase process.
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Suntex upgrades two properties
Suntex Marinas has made significant expansions to two of its properties in the Southeastern United States that will increase capacity through the addition of floating docks.