All USA articles – Page 209
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NewsPolaris reports Q2 revenue declines
Polaris reported sales of US$132.2m for its boat business in the second quarter, marking a 28% year-over-year decline from the $182.4m reported for Q2 2019 Minneapolis, US-based boat and powersports equipment manufacturer Polaris Inc reported a 15% decline in second-quarter revenues today, driven by double-digit declines in ...
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NewsProposed 5G network could compromise GPS signals in the US
Critics of the proposed Ligado 5G system say its terrestrial antennae network would generate a powerful enough signal to overpower satellite-based GPS transmitters, which operate on adjacent frequencies A growing body of legislators and industry associations in the US are raising red flags over a proposed 5G ...
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NewsFirst-time boat buyers up 34% in US
New empirical data confirms anecdotal reports of high numbers of new boaters entering US market
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NewsAmerican Magic first team to make a splash in New Zealand
The US challenger to the 36th America’s Cup took to NZ waters Monday
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InterviewIBI interview with MarineMax CEO Brett McGill (trailer)
In the latest installment of the IBI Interview, IBI contributor Craig Ritchie speaks with Brett McGill, CEO of mega boat retailer MarineMax about significant shifts emerging out of the Covid-19 crisis and the role technology and digital investments are playing in the company’s business model. In this excerpt, McGill discusses ...
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VideoIBI speaks with MarineMax CEO Brett McGill
IBI contributor Craig Ritchie speaks with Brett McGill, CEO of America’s largest boat retailer about how the company’s digital strategy and investments over the past ten year have paid off during the Covid crisis, the significant shift in consumer appetite to get out on the water, and some of the ...
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NewsAncasta Race Boats opens new US office, appoints broker to support expansion
Alex Higby to head up Ancasta’s yacht racing division in San Francisco
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NewsLife Proof Boats expands in Northeast USA
Massachusetts-based LC8 Marine is made an official Life Proof sales and service centre
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NewsRecord Q3 revenues for MarineMax
Clearwater, Florida-based boat and yacht retailer MarineMax reported record revenues for its third quarter of 2020, fuelled by a 37% year-over-year bump in same-store sales. For the quarter ended June 20, 2020, the company reported revenues of US$498.3m, marking a 30% year-over-year increase from the $383.4m in revenues earned during ...
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NewsGreat Lakes broker and marina operator expands US coverage with Florida-based acquisition
Detroit-headquartered KAM Yacht Sales has significantly expanded its US activities with the acquisition of Luke Brown Yachts in Ft Lauderdale, Florida. Kam Yacht Sales is part of KAM Marine Ventures LLC, which is a division of Lormax Stern, a real estate, investment and management group.
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NewsHorizon power cats increasingly popular
Taiwanese boatbuilder Horizon Yachts continues to see strong sales in its PowerCat models, with three PC60 and two PC52 models currently in build for US clients.
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NewsFreedom Boat Club of Tampa Bay teams up with Wavve Boating
Marine navigation app offered to all new FBCTB club members
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NewsQuantum Marine Stabilizers to equip Canada’s largest yacht
The 50m Danzante Bay from Crescent Custom Yachts will be fitted with both Zero Speed and underway stabilisation systems
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NewsSix US marinas change ownership in two acquisitions
Safe Harbor buys five; Southern Marinas one
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NewsWaterline Systems expands with southeast US location
US boatbuilder adds second production and service facility in former Hatteras plant
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NewsHering Propellers sold
One of the most iconic brands in offshore racing and high-performance boating, Hering Propellers, has been acquired by FJ Propeller Midwest. FJ, located on Missouri’s Lake of the Ozarks, was founded by two-time world champion offshore racer Casey Boaz, who heads the CR Racing team. “I think Hering Propellers has ...
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NewsMarineMax names new president of retail operations
US boat and yacht retailer MarineMax has promoted its VP of retail operations, Kyle Langbehn, to president of retail operations with immediate effect.
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NewsLippert announces better than expected sales
US component manufacturer provides a heads up on strong retail demand, leading to better than expected growth for second quarter results
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NewsUS border area businesses miss Canadian visitors
While the US boating and outdoor industries have been a bright spot amid the Covid-19 economic upheaval, with sales and rentals surging alongside infection statistics, areas that rely heavily on tourist dollars are not fairing so well. Nowhere is this more evident than along the US/Canadian border, still closed for ...
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