All USA articles – Page 180
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FLIR reports mixed bag for Q3
FLIR Systems released its 2019 third quarter results on Friday, reporting a bit of a mixed bag as gains in the company’s industrial and defense markets were offset by revenue, margin and earnings declines in its commercial products business unit, which includes leisure boating equipment.
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Volvo Penta Americas president to retire
Volvo Penta Americas president Ron Huibers has announced that he will retire, effective January 1, 2020.
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Executive leadership changes at MasterCraft
Tennessee-based MasterCraft Boat Holdings Inc announced today that Terry McNew has stepped down as president and CEO in order to pursue another opportunity outside of the leisure boating industry.
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Marquis unveils revamped line, Lexus LY 650 at FLIBS
The 60th Ft Lauderdale International Boat Show (FLIBS) saw Marquis Yachts introduce its long-awaited redesigned M42 “upscale Day Boat” and the LY 650, its partnership luxury yacht designed by Lexus.
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Beneteau shares drop 16% on news of lower growth & profitabillity
The French boatbuilder posted a fifth consecutive year of growth for its 2019 fiscal year, but investors appear to be uncertain about prospects for the coming year. Although noting a higher order book, Beneteau said it would not be issuing its FY 2019-20 outlook until 4 February and hinted that ...
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Ecoworks Marine enters US market
Ecoworks Marine, a UK manufacturer of environmentally friendly cleaning products for boats and yachts, has chosen Pragati Yacht Services to distribute its brand on the US market.
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NMMA buoyed by latest US consumer confidence data
Newly-released data for October shows consumer confidence remains high in the US, in spite of overall indications of a slowing economy.
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Annual revenues for US boat retailer MarineMax grew 5%
Financial results for America’s largest boat retailer – representing more than 20 boat and yacht brands across some 60 locations – were down for the company’s fourth quarter reflecting ’choppy’ market conditions across the industry in terms of both geography and product segments
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Golden Boat Lifts expands on US west coast
Golden Boat Lifts has opened a distribution hub in the Bonney Lake, Washington area to service its clientele west of the Mississippi River and western Canada.
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Bertram to expand into outboard sportfish products
US boatbuilder Bertram Yachts today announced that it is planning to expand its range of offshore fishing boats to include a comprehensive line-up of outboard-powered products.
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US$750,000 in fire damage to US dealer
A Sunday afternoon fire caused over US$750,000 damage to Precision Boats, an Idaho Falls, Idaho boat and motorsports dealer.
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ABYC announces dates for 2020 Standards Week
The American Boat and Yacht Council (ABYC) has announced its 11th annual ABYC Standards Week will take place from January 6-10, 2020 in New Orleans, Louisiana.
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Patrick Industries Q3 sales down, earnings impacted by cyber attack
Patrick Industries, maker of component parts for the marine, RV and manufactured homes industries, is reporting third-quarter sales were off 2% or US$8.9m compared to 2018 results for the same time period, adding that the company took a US$41.5m hit due to what it calls “a sophisticated cyber-attack” last month.
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Fairline adds North American dealer
UK-based luxury boatbuilder Fairline Yachts has named Seattle, Washington-based Selene Yachts Northwest as its newest international dealership, serving customers in the Pacific Northwest region of the US and western Canada.
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Brunswick’s Q3 net sales down 5.7%
US-based Brunswick Corporation reported financial results through the end of September showing anticipated declines in top-line revenues, but exceeding earnings expectations
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Delayed Tampa Boat Show opens Friday
Delayed by more than a month under threat from Hurricane Dorian, the Tampa Boat Show opens officially on Friday, following a “VIP Sneak Preview” on Thursday evening.
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Relatively flat Q3 for Marine Products Corp
Fibreglass boat builder Marine Products Corp (MPC) reported relatively flat sales for the third quarter of 2019, with higher volumes of outboard-powered boats offsetting declines in sales of sterndrive models.
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NMMA releases full 2018 Statistical Abstract
The National Marine Manufacturers Association (NMMA) has released its completed 2018 Recreational Boating Statistical Abstract, billing it as the ‘most comprehensive collection of industry data and a trusted source for recreational boating statistics’.
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Polaris Q3 revenues up, but not in marine
Polaris Inc reported year-over-year growth in overall revenues and gross profits among its 2019 third quarter results, in spite of an 11% YOY drop in revenues for its boat division.
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Obituary: Olaf Theodore Harken
Olaf Harken, co-founder of US deck hardware manufacturer Harken Inc, passed away yesterday in Pewaukee, Wisconsin. He was 80.