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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.

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West Marine’s flagship philosophy

Retailer opens two more mega-stores as part of its plan for riding out recession, building for future Last year, West Marine closed 32 stores, opened five new ones and expanded seven – all part of a dual vision of simultaneously focusing on consolidation and expansion while improving customer service and building for the future. “We…more

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Dealers welcome later 2010 rollouts

With factories running on low, many builders are opting for fall launches As the industry continues to struggle through the worst economy in decades, a number of manufacturers are pushing back the 2010 model-year rollout to allow dealers more time to clear older inventory out of their showrooms. “I think it’s wonderful,” says Phil Keeter,…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Clarks Landing Pleasure Boat & Yacht Sales, Vethree, Renaissance Marine Group, Marine University and Tiara Yachts. Clarks Landing Pleasure Boat & Yacht Sales will host a Sea Ray Showcase June 20-21 at its Chester Marine Center on Kent Island, Md. The MerCruiser Axius/Zeus Joystick Control…more

Coast reports 1Q results

Coast Distribution System today reported a 41.2 percent drop in net sales and a slightly higher net loss for the first quarter ending March 31. Net sales for the recent quarter totaled $23.2 million, compared to $39.5 million for the same period in 2008. Net loss for the 2009 first quarter was $888,000, or 20…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Knoxville Watersports, Win-Tron Electronics, Genmar Yacht Group and Gulf Coast Hatteras. Knoxville Watersports is partnering with Skiers Choice, the manufacturer of Supra and Moomba boats, to host “the biggest boating extravaganza of the year” this weekend. Beginning today and running through Sunday, the dealership will…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Trim Master Marine, Win-Tron Electronics and Lakeside Marine. Trim Master Marine brought on SouthCo Marine to help reintroduce its product line to the North American market. Specializing in marine hardware and accessories for bow-to-stern solutions, SouthCo will handle sales and distribution for Trim Master in…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from RCI Technologies and Schuman Nautic Air. RCI Technologies of San Dimas, Calif., appointed seven new international distributors for its line of diesel fuel purification products. The new distributors and the regions they serve include Juan Carlos Toledo of Equipetrol SA, Colombia; Jorge Salas of General…more

West Marine reports 1Q results

West Marine today reported a 10.9 percent drop in net revenues for the first quarter, but operating results improved by $11 million compared to last year, reflecting the company’s best first-quarter pretax results since 2005. “We are pleased to report these considerably improved operating results, despite a sales decline which reflects market and industry conditions,”…more

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Harnessing wind power to cut costs

Ohio dealer Happy Days Boating installed a wind turbine to offset its high electricity bills Businesses are doing whatever they can these days to cut costs and save money. Often it’s as simple as turning down the air conditioner or turning off the lights when no one’s around to shave a few dollars off the…more

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Is a marine credit union a viable option?

Retail and wholesale financing is one of the most pressing issues affecting the boating industry, with banks tightening lending criteria and floorplan lenders either leaving the business or raising rates. And while most agree there are no quick fixes to the problem, there is a small group working to create a marine industry federal credit…more

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