All USA articles – Page 388
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World news focus | US stocks: Swimming in red ink, soaring share prices
After a year of financial losses, share prices for Brunswick and MarineMax are skyrocketing. Does that signal an industry-wide recovery in Wall Street’s eyes, or just survival of the fittest?
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BUSINESS REPORT | US: Picking up the pieces
The US aftermarket is down but still healthy. But OEM suppliers are struggling. Some see no relief in sight, while others are getting orders for the first time in months
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BUSINESS REPORT | US: Wind Power or Hot Air?
With a boom expected in renewable energy next year, several boat builders have entered the wind blade business. But nobody’s expecting a smooth ride
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BUSINESS REPORT | US: The colour of money
A year after the global financial meltdown, credit still remains a problem at both retail and wholesale levels. Some estimate a quarter of US dealers have left the industry, with more to follow. “This is the great shakeout,” says one dealer
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BUSINESS REPORT | US: Bucking the Trend
Three equipment companies are showing positive growth during the downturn
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BUSINESS REPORT | US: Bouncing along the bottom
Boatbuilders have taken a huge hit this year. Many have slowed production to a crawl, or gone into hibernation, to clear inventories. The common opinion: the new-boat market has bottomed out, but the industry will be much smaller when the recovery finally comes
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World news focus | New US builders: New faces in hard times
A half-dozen new boat brands enter the market during the longest-ever downturn in new boat sales. Do they stand a chance?
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World news focus | Commerical sector potential: God, Country and Fast Boats
While some US recreational builders are turning to the government/commercial sector as a lifeline to lacklustre sales, many industry veterans warn that new companies could be entering mined waters
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World news focus | US loan market: Credit crunch to crisis?
KeyBank’s announcement last month that it would be exiting the consumer boat loan business is a major blow for US dealers, cutting their available loan source just as credit requirements are ratcheted up. The move has already forced some to pull the plug
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BUSINESS REPORT | USA: Equipment - Trading Places
Ocean Equipment and Imtra are both using a European-style distribution model to grow their businesses. Will it work for other US companies?
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BUSINESS REPORT | USA: Equipment - Rolling the Dice
Three new marine equipment manufacturers strive to gain market acceptance during the industry’s most protracted downturn
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BUSINESS REPORT | USA: Equipment - Empty cup?
A “perfect storm”, “slow death”, or “the worst downturn in 40 years”. However they describe the domestic boating market, there’s not much optimism among US accessories manufacturers
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World news focus | US boat loans: Boat loan blues?
The US subprime mortgage crisis that shook global markets in late summer has accelerated the decline of the US housing market. Caught in the crossfire: Boat loans.
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BUSINESS REPORT | USA equipment report: Green marine: Bass Products’ new production facility sets industry standards for environmental friendliness
The new 375kW generator not only allows Bass to sell electricity back to the power grid, but lets the electrical panel manufacturer show off new products to clients.
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BUSINESS REPORT | USA equipment report: Paneltronics is embracing new technology as the way forward. But the bigger question is: Will the market embrace its technology?
Its new PowerSign multiplexing system is considered state of the art, but is the marine industry ready for the future?
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BUSINESS REPORT | USA equipment report: ES Ritchie & Sons
The world’s largest marine compass manufacturer is a welcome anachronism in these days of outsourcing.
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BUSINESS REPORT | USA equipment report: Northern migration
Hurricanes, high taxes and insurance are prompting some equipment manufacturers to relocate from Florida. Is this the beginning of a long-term exodus?
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BUSINESS REPORT | USA equipment report: Counterfeiting with impunity
With little resolution in sight, Chinese counterfeiting continues to plague the USA equipment industry.
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BUSINESS REPORT | USA equipment report: In the highly competitive boat care products niche, Star brite continues to shine — and expand into new markets
The publicly traded company has come a long way since 1973 when it launched four products. Now 900 SKUs strong, it is reporting record sales and profits.
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BUSINESS REPORT | USA equipment report: Australian invasion
A group of Australian equipment manufacturers answer the siren song of the US market, but one longtime Aussie veteran knows it’s a tough playing field.
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