Other

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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Dealers sweat it out in Genmar limbo

Jacobs resigns from the company he founded, but some are convinced he’ll be back at the helm The future of Genmar Holdings and the 15 boat lines it produces remains in flux with the recent announcement the company was pursuing a sales process rather than a reorganization as a means to exit Chapter 11 bankruptcy.…more

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Open up and lend, McCoy tells bankers

Brunswick CEO says marine lenders have a big stake in recovery Banks, like boatbuilders and dealers, are still in retrenchment mode, National Marine Bankers Association president Jim Coburn told an audience at the organization’s annual conference, which ran Nov. 8-11 in Hilton Head, S.C. The banks, he says, are trying to shrink their balance sheets,…more

Firm targets dealer-builder relations

Two Suzuki veterans form marketing venture to arrange good matches and build relationships Two marine industry veterans have teamed up to form a marketing group dedicated to bringing together builders and dealers and helping the two work to establish profitable relationships. The new company, Mid Atlantic Marine Marketing Group, was launched in September by Terry…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Centurion, Furrion, Tige and Indiana Marine Products. Ski-boat manufacturer Centurion announced that it signed on six new dealers in the last month, despite the current economic climate. The new dealers include New England Ski Boats, Cambridge, Mass.; Bayou Outdoor Supercenter, Bossier City, La.; One More…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Wilde Yacht Sales, SeaWide Distribution, Atlantic Marketing Company, Mercury Marine, Pow’rTran and Monterey Boats. Wilde Yacht Sales recently expanded its lineup to include Ranger Tugs. Wilde has long been the exclusive Nordic Tug dealer for much of the Northeast and Canada. The Essex, Conn.-based dealership…more

West Marine board member to step down

William U. Westerfield informed West Marine that he will not seek re-election as a director at the company’s 2010 annual meeting of stockholders, the company said in a statement filed with the Securities and Exchange Commission. “Mr. Westerfield had no disagreements with West Marine’s management or the board of directors on any matters relating to…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Dr. Shrink, Encore Boat Builders, AER Supply, Imtra and Donovan Marine. Dr. Shrink signed on its first distributor in Africa. Shrinkwrap Innovations of Rustenberg will cover South Africa for the company. Shrinkwrap Innovations will carry all Dr. Shrink shrink-wrap and accessories, as well as provide…more

Dealers and Distributors

Our weekly roundup of dealers and distributors includes news from Sea Ray, Gold Key Marine, Regal Marine and Crate’s Lake Country Boats. Sea Ray Boats added eight new dealers in markets from California to the mid-Atlantic and Canada. “By continuing to add premier dealerships to our industry-leading team, we are enhancing our market performance and…more

West Marine reports 3Q results

West Marine reported a 6.7 percent drop in net revenues for the third quarter, but officials say the company is free of debt for the first time in its history, with a cash balance of $22.3 million. For the quarter that ended Oct. 3, net revenues dropped to $168.2 million from $180.2 million in the…more

Louisville in 2010 promises big savings

The International BoatBuilders’ Exhibition & Conference has ended its seven-year run in Miami Beach and next year heads to the Kentucky Exposition Center in Louisville. IBEX 2010, produced by the National Marine Manufacturers Association and Professional BoatBuilder magazine, is scheduled for Sept. 28-30. Exhibitors at this year’s show were generally positive about the move, many…more

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