SOUTH BEND, IND. — Do something. That was the message Jim Malone, the new CEO of Nautic Global Group, gave dealers and members of the media today at a meeting moderated by Matt Gruhn, president of the Marine Retailers Association of the Americas. “Part of the cultural transformation we’re talking about is, people have to…more
There was testimony once again on Capitol Hill regarding the Environmental Protection Agency proposal that would — for the first time since the Renewable Fuel Standard passed in 2007 — decrease the amount of biofuel required in the overall fuel supply.
Groups opposed to increasing ethanol in the U.S. fuel supply said they were optimistic that Congress — though plagued by a track record that is poised to make it the least productive in history — will act on the issue.
Carl Cramer wants to use his three wooden boats.
The Environmental Protection Agency is holding a hearing Thursday to receive testimony on a proposal that would lower the required amount of ethanol in the fuel supply for the first time ever.
B. Riley & Co. will add West Marine and Marine Products Corp. to the list of marine businesses the company’s analysts will cover in an effort to shed light on the “under-followed” boating industry’s nuances.
Marine Products Corp., parent company of Chaparral and Robalo, is a well-run company that has been “one of the few stars of this sterndrive market that’s been under so much pressure.”
West Marine’s three-pronged growth strategy has led B. Riley & Co. to introduce the company at a “buy” rating as the investment banking and analyst firm issued its first assessment of the retail chain.
The so-called graying of the industry has been a hot topic lately. Discussions have ranged from how to attract younger people to boating to ways to integrate youthful ideas with the wisdom that only decades of experience can impart.
Laurent Fabre became president of Beneteau America a little more than a year ago. The 46-year-old native of France’s Brittany region grew up near the water and learned to sail before he began riding a bike. It had been his lifelong dream to work in the boating industry in the United States. Given his success…more