The U.S. House Energy and Commerce Committee held a hearing last week on the Renewable Fuel Standard, the law that results in rising ethanol levels in the fuel supply.
When Jerry Nessenson says he is retiring, he’s using the term somewhat loosely. The founder of ValvTect Petroleum Products might be leaving the company, but he will continue as a consultant to fuel and gasoline marketers and distributors with his new firm and plans to maintain a presence in the marine industry.
Ethanol, trade deals, workforce shortages, saltwater fishing access — there isn’t a boating issue you can toss at Nicole Vasilaros that she isn’t well versed on. Chances are, she’s already had multiple conversations about it with members of Congress as she lobbies on behalf of the industry on Capitol Hill.
Though the scars of recessions past continue to linger with businesses as well as consumers, the industry seems poised at the midway point of the year to have a pretty solid 2016 if the current trajectory continues.
Even those lacking Internet savvy know that .com is the most common domain suffix and have come to expect it in nearly every Web address — with a few exceptions, such as .org or .gov. But a new ability to register more specific domain names could change that.
Brunswick Corp. expects growth of 7 to 9 percent between 2016 and 2018 and anticipates that the gain will come from continued industry growth, investment in new products and investments in additional acquisitions around its marine parts and accessories business, as well as its fitness business.
In a letter sent to Environmental Protection Agency administrator Gina McCarthy, 45 members of the House of Representatives questioned the agency about what it has done to protect boat owners and other small-engine equipment consumers from accidentally misfueling with E15 and higher blends of ethanol.
After less than two years in business, H2O Sports Manufacturing is expanding its operation and hiring more workers to meet demand for its Clearwater and Cape Craft brands.
The House Natural Resources Committee has passed a bipartisan bill that would move the management of red snapper in Gulf states from federal oversight to the states.
EdgeWater Boats, seeing its third successive year of double-digit growth, expanded its Florida facility by 22,000 square feet and beefed up its workforce by 20 percent to meet growing demand.