Manufacturing is projected to be cheaper in the United States than in China by 2018, and only seven of the 25 largest exporting countries now have lower manufacturing costs than the United States. Since 2004, U.S. manufacturers have improved their competitiveness, compared with every major exporter except India, Mexico and the Netherlands, according to a…more
The Great Recession launched a seemingly endless cycle of boatbuilder bankruptcies and sales, and the fallout is still being felt six years after the bottom dropped out of the financial world. But Rec Boat Holdings — consisting of four brands that Platinum Equity scooped up after Genmar went belly-up in 2010 — is the first…more
Yamaha Marine Group president Ben Speciale’s enthusiasm extends beyond boats and motors, though there is no shortage of it there. He will talk and talk about cutting-edge technology. But when discussing the political process, he is nothing short of exuberant.
MarineMax saw reduced margins in the June quarter because the company “largely didn’t have the new models to sell,” according to CFO Mike McLamb. However, the company was able to realize one of its best unit growth quarters since before the recession with encouraging gains in sterndrive sales.