Malibu Boats president Jack Springer has held CEO positions in a number of industries, including furniture, plastics, body armor, foundry, auto parts stamping, textiles, automotive and semiconductors. He spent time in the marine industry at Nautic Global Group before joining Malibu in May of 2009 — at the height of the recession.
Following a late spring, some of the quarterly earnings news was good for boatbuilders, though maybe less so for dealers.
Some dealers came into the Rec Boat Holdings meeting a bit nervous about the recent sale to the Beneteau Group, but president Roch Lambert says those lingering fears were put to rest last week.
Manufacturing production increased 1 percent in July, helping to lift the year-over-year pace of manufacturing output to 4.9 percent, its fastest annual pace since June 2012.
Cuba is gaining attention as a potential trade partner for the marine industry as some speculate whether the United States will lift its half-century trade embargo with the country.
A wooden reproduction of a 16th-century Spanish galleon that made an appearance with Johnny Depp in the film “Pirates of the Caribbean” and on John Malkovich’s TV show “Crossbones” was supposed to arrive next month at South Jersey Marina in Cape May, N.J.
The marine industry has until Friday to comment on President Obama’s proposal to expand a Pacific Ocean marine preserve, effectively making it the world’s largest at 700,000 square miles.
Marine industry associations should focus on all aspects of the industry —from marinas to dealerships, insurers to subcontractors —as they make plans for the future.
A marine industry analyst for Wells Fargo disagrees with growing concerns that U.S. retail boat sales are sluggish.
How’s the U.S. economy? If you’re Yamaha Marine Group president Ben Speciale, a man known for his enthusiasm and passion for boating, you’re seeing good things.