All articles by Tony Esposito – Page 96
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NewsBahamian Marinas initiative to increase boat traffic to the islands
The Association of Bahamas Marinas (ABM) has launched an initiative to drive more boat traffic to the island nation as well increase boating participation by its citizens. The Voyager program, unveiled at the Fort Lauderdale International Boat Show (FLIBS), offers participants discounts, cruising guides and invitations to special events.
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NewsPort 32 yacht service facility at Fort Lauderdale to open by year-end
Redevelopment is well underway for the new Port 32 Fort Lauderdale Marina, slated to open by year-end as a yacht service destination
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NewsNMMA develops three-year growth strategy
Key metrics will be shared throughout the coming year.
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Nautical Ventures to offer Beneteau outboard boats
Nautical Ventures Group will begin marketing Beneteau’s new line of outboard boats from its two Florida locations beginning in mid-November.
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Pennsylvania institutes mandatory winter PFD usage for small boats
The state of Pennsylvania is preparing to put into effect a recently passed law requiring mandating use of Personal Floatation Devices (PFDs) on small boats during the winter months.
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NewsUnprecedented security greets boat show attendees
Visitors to the 2018 Fort Lauderdale International Boat Show (FLIBS) are witnessing heightened security of unprecedented levels that includes military, local and federal law enforcement teams.
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NewsOutboards dominate performance boats at FLIBS
Visitors walking the performance boating dock at the Fort Lauderdale International Boat Show (FLIBS) are seeing something different this year: no sterndrives. The so-called ‘go-fast’ boat crowd has adopted outboard engines with a passion.
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Garmin marine sales lead Q3 growth
Garmin reported third-quarter revenue increased 8% from the prior year at US$810m, with the marine segment leading the growth with a 28% increase in revenue over the same quarter last year.
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Florida marina fire causes US$1m in damages
The State Fire Marshal of Florida and US Coast Guard are investigating a blaze that destroyed two boats and heavily damaged two others at Venice Yacht Club, causing at least US$1m in damages.
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Victory Marine to build own trailer line
Victory Marine Holdings (VMH) is launching its own trailer line to be built in Miami, Florida. Excalibur Trailers USA, Corp., a wholly owned subsidiary of VMH is on schedule to begin manufacturing by year’s end in a 7,000sq ft leased facility.
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MarineMax posts strong Q4, fiscal 2018
MarineMax reported a 23% increase in fourth-quarter revenues to US$309m over the same period last year, and fiscal 2018 revenue up 12% to nearly US$1.2bn.
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AERÉ Marine Group expands into US Northeast
Docking accessories company AERÉ Marine Group is expanding its operations into the Northeast region of the United States and has named Kevin Murray as regional manager.
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NewsTwin Disc reports healthy fiscal Q1 sales, profits
Twin Disc, the Wisconsin-based manufacturer of marine and heavy-duty off-highway power transmission equipment, reported fiscal 2019 Q1 net sales increased 65.7% over the same period last year on sales of US$74.6m.
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NewsUS 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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