Industry News

Consisting of builders, dealers, marinas, parts and accessories makers and sellers and the trade groups that serve them, the marine industry is a sprawling and colorful collection of companies and people. From the number and type of boats it sells to its advocacy for the rights of boaters to enjoy their recreation on pollution-free waters, using fuel that doesn't damage their engines, the industry makes news in many ways.

NMMA wants members to weigh in on NAFTA

The National Marine Manufacturers Association urged its members to weigh in on the possible renegotiation or termination of the North American Free Trade Agreement as Capitol Hill buzzed Wednesday afternoon with word that President Donald Trump might scrap the agreement altogether.

Marine Products Corp. reports 1Q results

Marine Products Corp. said it generated first-quarter net sales of $71 million, an 11.6 percent increase from the same quarter last year that the company attributed to a 12.1 percent increase in unit Chaparral H20 and Robalo sales, as well as an increase in parts and accessories sales.

Supply-chain challenge looms as part of new tax policy

Proposals by President Trump and the Republican Party that seek to bring more production and jobs to the United States by changing tax policy could create benefits for manufacturers — but that is with the caveat that they start making supply chain adjustments now.

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