Brunswick Corp. had revenue of $1.09 billion in the third quarter, missing expectations by about $20 million, due in part to integrating an acquisition on the fitness side of the business, and also due in part to slower international sales of engines.
Friends and associates in the marine industry are mourning the death of Capt. Richard Thiel, editor-at-large of Power & Motoryacht magazine, who died Sept. 13 in Branford, Conn., of complications from a stroke suffered a week earlier. He was 70 and a resident of Chester, Conn.
Sea Hunt Boats is not in every boat market, but it’s not looking to take on more dealers. The company’s not trying to build more boats, even though its dealers would gladly take more. And it’s not going to build a 40-foot center console to feed into that popular market segment.
Sea Ray president Tim Schiek and his kids get their love of water honestly.
The Norwalk (Conn.) International Boat Show took another step toward its prerecession size and exhibitors say buyers turned out in good numbers during the Sept. 22-25 in-water production.
Organizers are calling the 46th annual Newport International Boat Show one of the most successful to date, as optimal weather greeted visitors and exhibitors brought several new boats to make national and world debuts.
Several stakeholders in the recreational fishing and boating industries released a set of recommendations for the incoming administration and Congress to change the way federal overseers allocate saltwater fish.
Seakeeper will debut the Seakeeper 3, a stabilizer designed for boats between 30 and 39 feet, at the Nov. 3-7 Fort Lauderdale International Boat Show.
The U.S. Patent and Trademark Office upheld the validity of Cobalt Boats’ swim-step patent, allowing the company to move forward with its lawsuit alleging that Brunswick Corp. and Sea Ray infringed on Cobalt’s patent.
Hurricane Matthew is now being blamed for 33 deaths in the United States, with deadly flooding continuing in North Carolina that has stranded 1,500 in the state.