Marine Products Corp. reports 3Q results

Third-quarter net sales at Marine Products Corp. dipped about 10 percent to $37.9 million with gross profits seeing a 10 percent drop because of the sales decrease.

Scout Boats eyes building larger models

Scout Boats is looking to increase capacity to build bigger boats, but the brand is still committed to producing the 17-footers the company built its reputation on.

Brunswick CEO addresses growth plans

Brunswick Corp. CEO Dustan E. McCoy stressed that the company is poised to grow both organically and through acquisitions during a conference call discussing third-quarter earnings Thursday.

Appeals court denies challenge to E15 rule

The latest court case over labeling E15 was thrown out Tuesday because the industries bringing the complaint, including the recreational boating industry, can’t show people have been harmed as a result of the misfueling regulation.

Brunswick reports 3Q results

Brunswick Corp. today reported third-quarter net sales of $932.1 million, up from $824.4 million a year earlier, with increases in both the engine and boat segments — albeit with a $7 million operating loss in the boat segment — causing the company to raise its full-year earnings guidance to $2.30 to $2.35 a share.

U.S. manufacturing weathers global volatility

Isolated cases of Ebola in the United States and slow growth in Europe have caused investor concern, but U.S. manufacturing has shown resilience despite the fears, with output increasing 3.7 percent in the last 12 months — doubling from its 1.5 percent rate in January.

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