All USA articles – Page 175
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NewsT-H Marine acquires US distributor
Alabama, US-based marine equipment supplier T-H Marine Supplies has acquired First Source Marine, a Florida-based wholesale distributor specialising in sporting goods equipment.
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NewsMalibu Boats reports solid Q2 sales
Higher sales, higher unit volumes and higher net sales per unit lead to solid second quarter for US boatbuilder
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NewsCMC Marine in supply deal with US builder
Italian stabilisation specialist CMC Marine has signed its first new-build contract in the US with Marlow Yachts. The Tuscan company recently supplied the well-known US brand with Stabilis Electra stabilizer fins for a new Marlow Explorer.
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NewsAkzoNobel names eastern North America rep group
Arnhem, Netherlands-based yacht finish manufacturer AkzoNobel has named Thomas H Connolly & Sons to represent its yacht coatings products in eastern North America.
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NewsBusiness students predict US$25.5bn yachting industry by 2027
Research from a group of Florida Business School students predicts a yachting industry worth US$25.5bn dollars by 2027, and that millennials may be a better consumer base than conventional wisdom would indicate due to the growing yacht charter market.
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NewsMisty Harbor to close Iowa plant
Pontoon boat manufacturer Misty Harbor is closing its manufacturing plant in Iowa to consolidate operations at its headquarters in Indiana “to optimise operational efficiency and reduce logistical costs, the company announced Monday afternoon. 45 employees will lose their jobs.
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NewsSofter Q2 for MasterCraft
MasterCraft Boat Holdings Inc reported declines in net sales, net income and adjusted ABITA in its 2020 second quarter results, reflecting impacts of a weather-dampened summer 2019 retail season and subsequent measures to “right-size” dealer inventories.
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NewsEngel & Völkers expands yachting activities to US
Engels & Völkers (E&Y), the real estate and yachting services group, is expanding its yacht-related activities to the US from its core Mediterranean region. The initial move is the setting-up of a yachting shop in Newport Beach, California.
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NewsMarineMax Sarasota to host reopening party
MarineMax Sarasota in Florida is to host a grand reopening party on Thursday to celebrate its newly renovated marina and new members lounge.
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NewsHigher horsepower drives outboard engine sales to 13-year high
US consumer demand for newer, technologically advanced, higher horsepower engines has driven US outboard sales to a 13-year high, nearly reaching pre-recession sales levels, according to the National Marine Manufacturers Association (NMMA).
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NewsJohnson Outdoors posts solid Q1 results
Outdoor recreation equipment manufacturer Johnson Outdoors released its 2020 first quarter results on Friday, reporting higher sales and double-digit growth in net income.
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NewsAppointment at LCI
US-based parts and equipment manufacturer Lippert Components Inc (LCI) has named Mark Boessler as its new senior vice president of aftermarket.
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NewsBrunswick details full year performance on analyst call
Despite a slight decline in 2019 sales, the industry’s largest company reports strong earnings with solid margin growth, delivering shareholders a tenth consecutive year of EPS gains. CEO David Foulkes tells analysts this afternoon why the company is ’built to win’
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NewsSchaefer Yachts sees advances in its US business
Brazilian boatbuilder Schaefer Yachts says it is committed to continuing its efforts to develop the Schaefer line of motoryachts in the US market with a focus on styling and quality.
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NewsInternational trade still holds challenges for recreational marine industry
Despite a flurry of recent positive activity on the trade front, the US recreational boating industry continues to face what the National Marine Manufacturers Association (NMMA) calls “serious challenges”. In a trade update to its members, NMMA wrote: “While NMMA is encouraged with the recent ratification of the United States-Mexico-Canada ...
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NewsSafe Harbor acquires Siesta Key Marina
Safe Harbor Marinas in the US has purchased the Siesta Key Marina, the only full-service facility in Sarasota, Florida. The purchase is the Dallas-based company’s 12th Florida property and is approaching 100 properties overall, which Safe Harbor claims makes it the largest marina owner-operator in the US. The 1.7-acre property ...
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NewsSoft Q4 leads to full-year sales decline for Marine Products Corp
Marine Products Corp, manufacturer of the Chaparral, Robalo and Vortex boat brands, reported its fourth quarter and full 2019 financial results on Wednesday, with a softer Q4 leading to a slight overall loss for the full year.
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NewsRecreational boating opposes ‘Right to Repair’ legislation
The recreational boating industry has growing concern with a growing trend: so-called ‘Right to Repair’ legislation that requires manufacturers to release software information to allow independent retailers to repair electronic products. Just 29 days into the new decade, 27 US state legislatures have introduced such bills, which are opposed by ...
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