All articles by Tony Esposito – Page 94
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NewsDammrich: US boating industry is strong
In his final State-of-the-Industry address as president of the National Marine Manufacturers Association (NMMA), Thom Dammrich opened the 2018 International Boatbuilders’ Exhibition Conference (IBEX) declaring that despite international trade threats, the US recreational boating industry is strong.
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NewsDammrich named to NMMA Hall of Fame, announces retirement
The International Boatbuilders’ Exhibition & Conference (IBEX) opened today in Tampa, Florida, with the induction of NMMA president Thom Dammrich to the National Marine Manufacturers’ Association (NMMA) Hall of Fame and the announcement that Dammrich will retire from his post in September 2019.
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McGill promoted to MarineMax CEO
MarineMax has promoted W Brett McGill to the role of CEO. He will retain his title and responsibilities as company president.
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Tariffs still threaten US marine industry, despite domestic growth
The record domestic growth experience over the past 22 months by the US recreational boating industry remains under threat of retaliatory tariffs by major US trading partners, despite the news of a preliminary agreement between the US, Mexico and Canada on a replacement for the North American Free TradeAgreement (NAFTA), ...
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Patrick Industries acquires EMC
Patrick Industries has completed its acquisition of Engineered Metals and Composites Inc (EMC), a South Carolina-based designer and manufacturer of custom marine towers, frames and other fabricated component products for OEMs in the marine industry.
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US boating market strong through summer
The latest retail and wholesale statistics from the National Marine Manufacturers Association (NMMA) show a strong summer for the US boating industry as manufacturers and suppliers gear up for the start of “boat show season.”
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US powerboat shipments remain strong through June
Year-to-date wholesale powerboat shipments in the US were up 8% through June, according to data released by the National Marine Manufacturers Association (NMMA).
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MarineMax in joint venture with Joi Scientific
MarineMax and Joi Scientific have entered a development agreement for exclusive rights to develop, manufacture and sell propulsion and auxiliary power systems using Joi’s Hydrogen 2.0 technology, based on clean and affordable extraction of hydrogen directly from saltwater on demand and at the point of use.
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US boating industry applauds water infrastructure legislation
The US Congress last week made progress on several pieces of water infrastructure legislation that contains many of the top priorities of the recreational boating industry, according to the National Marine Manufacturers Association (NMMA).
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Gutierrez named COO at Tigé Boats
Tigé Boats has named 14-year company veteran Daniel Gutierrez to the newly created position of chief operating officer.
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Sixty US trade groups form coalition to oppose tariffs
More than 60 US trade groups on Wednesday launched the ‘Americans for Free Trade’ coalition to take on the fight against the Trump administration’s trade tariffs – and the hard-hit recreational boating industry is among them.
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Heavy rains don’t dampen Tampa boat show
Two days of rain did not keep some 20,203 enthusiasts from attending the 2018 Progressive Insurance Tampa Boat Show – a 9% increase over last year, according to the show’s promoter. The three-day event was held at the Tampa Convention Center in Tampa, Florida from September 7-9.
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Yanmar, ABYC partner for marine technician program
Yanmar and the American Boat and Yacht Council (ABYC) are teaming up to conduct marine technician certification courses at Yanmar Academy, which is located at the new Yanmar Evo Center in Georgia.
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US powerboat registrations continue to rise
Preliminary numbers released by the National Marine Manufacturers Association (NMMA) show that new powerboat registrations in the US were up 3.5% for July on a rolling 12-month year-over-year basis.
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Long-awaited Miami Virginia Key marina project poised for approval
After a year of legislative wrangling, the Miami City Commission is scheduled to vote on two measures this week that will determine the fate of Rickenbacker Marina and Marine Stadium Marina on the city-owned barrier island of Virginia Key.
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MarineMax expands in northeast US with marina acquisition
MarineMax has acquired Bay Pointe Marina, a full-service marina located on the Town River in Quincy, Massachusetts, providing the company with an expanded footprint in the northeast United States.
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US marinas evacuated ahead of Hurricane Florence
As Hurricane Florence bears down on the US, marinas along the eastern seaboard are making preparations ahead of the storm, while across the country – and part of the Pacific Ocean – Hawaii is bracing for Tropical Storm Olivia.
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MasterCraft parent to purchase Crest Pontoons
Following reports of record earnings for fiscal 2018, MCBC Holdings, the parent company of MasterCraft and NauticStar, has signed a letter of agreement to acquire Crest Marine, a privately-held manufacturer of pontoon boats, for approximately US$80m.
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MasterCraft parent reports record sales
MCBC Holdings, parent of MasterCraft and NauticStar, has ended its fiscal year with record sales and net income for both the fourth quarter and the year, and will be launching a new boat brand in 2019 in an entirely new category for the company.
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Lexus concept boat becomes a reality
The “fourth flagship product” from luxury automaker Lexus isn’t a car, it’s a 65ft sport yacht that will be built by the Marquis-Larson Boat Group.
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