Marine accessories manufacturers have seen a 25 percent increase in NMMA dues that are helping fund Discover Boating, the industrywide initiative to increase awareness of and participation in boating.
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 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.
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 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.
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.
Red snapper is back on the table.
Arctic Cat filed a patent-infringement lawsuit against Bombardier Recreational Products and BRP U.S. on Thursday, alleging that the makers of Sea-Doo personal watercraft infringed on Arctic Cat’s intellectual property regarding off-throttle steering.
The 43rd United States Powerboat Show, which has grown about 7.5 percent in space this year, starts today in Annapolis and runs through Sunday.
The 45th United States Sailboat Show wrapped up Monday in Annapolis, Md., with ticket sales up more than 5 percent from last year, more exhibit space than ever before and nearly two dozen new-model introductions.