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Boat dealers make news when, for example, they add new lines of boats, relocate, get new owners or acquire other dealerships.

Gander Mountain delisting common stock

Gander Mountain Co. announced plans to withdraw its shares of common stock from listing on the Nasdaq Global Market. A special committee of the company’s board of directors, composed of independent directors, recommended – and the board of directors approved – plans to cease the registration of its common stock with the Securities and Exchange…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Thermoboat, Navimo USA, Scout, Tige, Grady-White, Shogren Performance Marine and Quickline. The distributor Thermoboat, of Canada, is introducing the line of Powertrain Couplings to the U.S. and Canadian markets. Manufactured by Powertrain Europe AS of Norway, the all-new Powertrain coupling is used to connect marine…more

Column: How to entice the frugal customer

What is the best way to maintain your prices and get the most money out of each transaction or project? A recent column in The New York Times highlighted some “intriguing ideas” including: never drop your price, but instead offer additional products or services that equal or exceed the requested discount. Click here for the…more

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Expert answers to critical questions

Panelists give dealers their ideas on steps the industry should take to ensure a more stable future The final two sessions of the Marine Dealer Conference & Expo featured panels with manufacturers and dealers talking about some of the most pressing issues in the industry. The first panel consisted of Jerry Brouwer, Action Water Sports;…more

Genmar’s day of decision is approaching

More than seven months after the company declared bankruptcy, an auction on the assets of Genmar Holdings is scheduled for Jan. 7. Project Boat Holdings LLC, an affiliate of Platinum Equity, a Beverly Hills, Calif.-based global acquisition firm, is the stalking horse bidder in the proceedings. It has submitted a bid of $55 million for…more

1940s frugality is back, says economist

Consumers are paying off credit excesses and putting money into savings, marine bankers are told As the economy recovers, expect a new consumer to emerge – one who is value-conscious, savings-minded and wary of debt. That was Gina Martin Adams’ forecast of consumer attitudes at the National Marine Bankers Association’s annual conference Nov. 10 in…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Dr. Shrink, SeaWide Distribution, Atlantic Outboard, Baert Marine, Interlux and Zodiac of North America. Manistee, Mich.-based Dr. Shrink added its first Australian distributor. Based in New South Wales, All Marine Spares will provide shrink-wrap supplies and accessories, as well as installation instruction to all of…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Grady-White Boats, Marina Power and Lighting Power Pedestals, Scout Boats, Centek Industries and AAA Yacht Sales Grady-White Boats added Park Boat Company and Powersports, of Washington, N.C., to its dealer network. “We are just ecstatic at the opportunity to represent Grady-White, not only because the…more

Florida marine flea market set for February

The Palm Beach Marine Flea Market and Seafood Festival is set for Feb. 26-28 at the Palm Beach Kennel Club in West Palm Beach, Fla. “In today’s economy, the Marine Flea Market will provide an outlet for the marine industry and private individuals to sell overstocked, new and used marine equipment at a fraction of…more

Gander Mountain reports 3Q results

Gander Mountain Co. posted a 2.5 percent increase in consolidated sales in the third quarter, which ended Oct. 31. Consolidated sales for the period were $276.6 million compared to consolidated sales of $269.9 million for the third quarter of fiscal 2008. Consolidated net income was $3.2 million for the fiscal 2009 third quarter compared to…more

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