All USA articles – Page 154
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NewsSportsman’s Warehouse to join The Great American Outdoors Group
Hundreds of US fishing and boating outlets consolidated following latest acquisition of the world’s largest boat dealer
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NewsVision Marine named one of five promising stocks for the new year
Vision Marine Technologies has been cited as one of five promising stocks in five different market segments by investment firm Safehaven. In an online analysis, writer Alex Kimani details that while some sectors of the economy – like the travel and energy sectors – were devastated by the Covid-19 pandemic, ...
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NewsYacht sales driving south Florida real estate values
High net-worth clients snapping waterfront property simply to have somewhere to park their new yacht
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NewsUS powerboat sales up 18% in October
The National Marine Manufacturers Association (NMMA) is reporting that sales of new powerboats in the US gained momentum in October, up 18% compared to September, and up 30% year-over-year on a seasonally-adjusted basis.
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NewsPure Watercraft secures US$37.5m funding for electric outboards
US-based Pure Watercraft closed a US$37.5m Series A round of funding on Friday, which includes a previously announced US$23.4m. The oversubscribed funding round was led by venture capital and private equity firm L37, whose managing partner Randall Ussery will take a seat on the Pure Watercraft board of directors. “We ...
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NewsOne injured in fire at Nautique plant
One person was injured in what is described as a “small, contained fire that was quickly extinguished” at the Nautique Boats manufacturing plant on the East Orlando, Florida campus of parent company Correct Craft Thursday afternoon. Fire officials told clickorlando.com that the fire was snuffed in just under 30 minutes ...
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NewsGlomex forms new US distribution network
Ravenna, Italy-based Glomex s.r.l. has partnered with Baltimore, US-based GA Communications to form a new business venture which will function as the exclusive distributor of Glomex’s full range of marine and RV products in North and South America.
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NewsUS boat shows in January
The organisers of the Minneapolis Boat Show, scheduled for January 21-24, 2021 at the Minneapolis Convention Centre, have reconfirmed their decision to cancel next year’s show, as previously notified to the industry in late October.
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NewsMarineMax CEO: “Many years of great things ahead”
MarineMax CEO and president Brett McGill believes the US recreational boating industry has “many years of great things ahead” and that the Covid-19 pandemic-induced boating boom has permanently expanded the market, setting the stage for “many, many years of growth” ahead of it. But it has also hastened a change ...
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NewsBarletta Boats founder finalist for Entrepreneur of the Year award
Barletta Boats president and founder Bill Fenech has been named among 32 national finalists for the Ernst & Young Entrepreneur of the Year award.
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NewsMercury Marine’s 1st Mate named as CES 2021 Best of Innovation Honoree
Mercury Marine’s 1st Mate Marine Safety and Security System has been named a CES 2021 Innovation Awards Best of Innovation Honoree.
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NewsWake sports boat makers make a splash with big gains to start the week
Two Tennessee-based US wake sports builders both had a big day on Wall Street Monday, as shares of MasterCraft Boat Holdings climbed nearly 5% while Malibu Boats soared nearly 8%.
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NewsAMI conference goes virtual
The Rhode Island, US-based Association of Marina Industries (AMI) has confirmed that its annual conference will be replaced by a virtual event for 2021.
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NewsStrong Q4 drives Johnson Outdoors to higher full-year earnings
Gains in revenues, profits led by strong sales of watercraft and fishing products; supply chains remain stretched
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NewsWells Fargo: US small business owners cautiously optimistic
US bank survey of small business owners highlights expectations for economic recovery in 2021
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NewsBrunswick CEO: Pandemic boat sale surge to carry into 2021
The Covid-related sales spike realised by the US recreational marine industry this year should carry into 2021, according to Brunswick Corp CEO David Foulkes. CEO David Foulkes speaking on CNBC Closing Bell “We have incredible momentum in the industry now. We’ve attracted in a new demographic,” Foulkes ...
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NewsConnecticut takes issue with Federal economic analysis
The state of Connecticut is taking issue with US Bureau of Economic Analysis reporting that Connecticut trails other New England states in the share of the economy spent on outdoor recreation, prompting one state official to claim, “The report misses the forest for the trees.” Mason Trumble, deputy commissioner for ...
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NewsDealer Week to launch virtually with record registrations
A record 930 dealership personnel have signed up to attend the Marine Retailers Association of the Americas’ (MRAA) Dealer Week 2020, which will be held virtually beginning Tuesday.
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NewsBrunswick named among Newsweek's Most Responsible Companies
Brunswick Corp, the world’s largest recreational marine manufacturer, has been selected by Newsweek magazine as one of 400 named ‘America’s Most Responsible Companies’ (AMRC).
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VideoIBI speaks with US boating association chief
IBI Contributor Craig Ritchie speaks with Frank Hugelmeyer, president of the National Marine Manufacturers Association (NMMA) which represents North American boat builders, engine makers and equipment manufacturers, and also organises a portfolio of boat shows in key US markets, including Miami.
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