All USA articles – Page 226
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NewsMarine lenders working with boaters/dealers, independently
A call for US marine lenders to temporarily postpone boat loan payments is being answered, but not collectively or formally, according to bankers involved in both consumer and commercial boat loans. National Marine Lenders Association president John Haymond – a Sr VP of Business Development with Medallion Bank – told ...
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NewsFairline appoints sales manager for the Americas
The UK’s Fairline Yachts has appointed Steve Leeson as sales manager for the Americas.
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NewsMarine manufacturers seek out production opportunities
US marine manufacturers large and small continue to look for opportunities to aid in the fight against the COVID-19 pandemic while keeping people safe and working.
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NewsMarineMax expects Q2 revenues equal to or above 2019
America’s largest boat retailer announced expected revenues for its second quarter ending 31 March of $303 to $308 million, along with further insights on how the Cornovirus is affecting the company
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NewsSome US boat dealers note sales uptick despite Covid-19
Interest rate cuts and low fuel prices said to drive interest in boating as a means of social distancing
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NewsUS powerboat registrations up through January
Sales of new powerboats were up 5% on a rolling three-month YOY basis
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NewsCJR Propulsion appoints president of US operations
Joel Kmetz brings 30 years of sales and leadership experience to the role
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NewsMarine Products Corp suspends production
Marine Products Corp announced on Monday that it had temporarily suspended manufacturing operations at its Nashville, Georgia production facility. The facility produces all of the company’s recreational pleasure boats under the Chaparral, Robalo and Vortex brand names.
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NewsUS Paycheck Protection Program begins 3 April
Boat dealers and small builders in the US can begin applying for economic relief this weekend under a new government program put into place to stem the financial effects of the COVID-19 pandemic.
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News2019 US sailboat sales drop
The NMMA releases its first 2019 Statistical Abstract for the sailboat sector
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NewsWhat the US$2 trillion relief package means to the boating industry
With over half the US under ‘stay at home’ orders from state or local governments, President Trump has signed a US$2 trillion economic relief package aimed at workers and businesses of all sizes, while separate action has seen additional action on tariffs. The package allows businesses to delay payment of ...
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NewsSuzuki to build US Marine Tech Center
Suzuki Motor of America is finalising plans for the Suzuki Marine Technical Center USA to be built on 20 acres of waterfront in Panama City, Florida. While an official groundbreaking date has not been set, site preparation is underway and exiting buildings on the property are in final renovation. Suzuki ...
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NewsBoating industry answers the call
Boat and yacht manufacturers are donating PPE for frontline medical workers to help curb the spread of Covid-19
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NewsNMMA/MRAA: Boating industry must come together to prevent a financial body blow to entire ecosystem
The National Marine Manufacturers Association (NMMA) in the US today released the following statement: ”Over the last few weeks, the coronavirus – officially known as COVID-19 – has brought most aspects of everyday life to a grinding halt. With each passing day in this new reality, it is becoming increasingly ...
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NewsOcean Alexander COVID-19 Update
Florida-based Merritt Island Boat Works, which builds Ocean Alexander Yachts, reduces work force and production
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NewsRegal Boats consolidates manufacturing operations
US builder to close Valdosta, Georgia manufacturing facility and consolidate operations at its Orlando, Florida headquarters
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NewsBrunswick increases liquidity
The marine industry’s largest company has extended its credit facilities and borrowing as a precautionary measure to increase liquidity and financial flexibility in the wake of substantial uncertainty stemming from the COVID-19 crisis
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NewsLippert suspends production at select US and Europe facilities
US-based LCI Industries – parent of Lippert Components – has issued a business update regarding COVID-19
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NewsMRAA offers free online learning for dealers
US boat dealers idled by the COVID-19 pandemic can fill some of their free time with some free online education.
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NewsBrunswick releases sustainability report
Brunswick Corp has published its first company-wide sustainability report to showcase its efforts and successes in efforts to conserve resources, both natural and financial.
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