USA
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News
US builder turns to solar-powered manufacturing
Scout Boats, a US-based builder of sporfishing boats, has started to generate clean renewable energy to power its manufacturing facility in Summerville, South Carolina.
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NewsNew president named for White River Marine Group
Springfield, Missouri-based White River Marine Group, the marine manufacturing division of retail giant Bass Pro Shops, has confirmed that Zach Kauk will succeed retiring president Les Crawford effective September 1.
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Nor-Tech doubles manufacturing space
A recent 50,000sq ft expansion in manufacturing space has US boatbuilder Nor-Tech looking for a 30% increase in production, and it hopes, corresponding sales. The move is designed to make production more efficient.
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New owners for Marathon Boat Group
US boatbuilder Marathon Boat Group (MBG) has been acquired by Chicago-based private equity firm Altair Investments Inc. Terms of the transaction were not disclosed.
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Correct Craft acquires Merritt Precision
Milling company Merritt Precision is the latest acquisition by Correct Craft, which says in a company statement that the Florida-based maker of plugs for the marine, automotive and aerospace industries will be integrated into Correct Craft’s Watershed Innovation subsidiary and function as a standalone business.
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2018 US boat sales highest in a decade
As the unofficial start of the US boating season gets underway this holiday weekend, the National Marine Manufacturers Association (NMMA) reports that new powerboat sales for 2018 increased 4% over the previous year to 276,000 units, the highest level in 11 years.
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Texas poised to give yacht owners US$2.3m tax break
Calling it “more of a jobs bill” than a tax break, Texas State Senator Larry Taylor’s bill that would cap the amount of sales tax on boats up to 115ft at US$18,750 has moved one step closer to passage, which is expected and could cost the state US$2.3m over two ...
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Ocean Link diversifies yacht-service offerings
Ocean Link Inc, a marine plumbing specialist based in Portsmouth, Rhode Island, has been certified by Germany’s Böning Group to sell, service and install ship automation products for yachts.
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Tariffs take toll on US firms
How two very different boating companies are impacted in different ways by the Trump administration’s tariff on Chinese goods
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US boat trailer manufacturer expands production
Magic Tilt, a US builder of marine trailers, has expanded its production facility in Clearwater, Florida by adding an additional six-bay, 8,000sq ft building for trailer service, set-up and stacking purposes.
