Acquisitions and Investments

Mergers, acquisitions and startups periodically reshape the marine industry, attracting innovators and other new investors.

Cabela’s plans three new stores

Outdoor gear chain Cabela’s announced plans to open stores in three new markets — Huntsville, Ala.; Oklahoma City, Okla.; and Woodbury, N.Y.

Airmar Technology expands in New Hampshire

Ultrasonic transducer and sensor manufacturer Airmar Technology Corp. more than doubled its footprint at its Milford, N.H., headquarters with the opening of a 73,000-square-foot manufacturing plant.

Dominion Marine Media signs deal with Boatbound

Dominion Marine Media said Wednesday that it forged an exclusive partnership with peer-to-peer boat rental marketplace Boatbound, further solidifying what Dominion said is the integral role the sharing economy will play in the future growth of the marine industry.

New-home sales down 14.5 percent in March

The pace of new single-family home sales plummeted 14.5 percent in March to a seasonally adjusted annual rate of 384,000, which is the slowest pace since July 2013 and disappointing for those who were hoping for some payback after a winter slowdown.

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