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From factory openings to production milestones to the launch of new boats, the marine industry makes news in numerous ways. Trade Only follows developments wherever they occur.

Stidd Systems taps Ocean Marketing

Stidd Systems, of Greenport, N.Y., chose Ocean Marketing to represent its line of marine seating on the East Coast and in California. Based in Guilford, Conn., Ocean Marketing has been representing marine product manufacturers since 1968. Stidd seating is designed to provide anatomically correct, comfortable positioning and passive restraint for the functional marine environment, according…more

Changing Places

Andrew Doole and Dane Graziano were promoted to chief operating officers for Show Management, the producer of the Fort Lauderdale International Boat Show. “Clearly, the combined efforts, experience and know-how of Andrew and Dane for over 24 years [each] have been key components to the great success and growth of this company,” said Efrem “Skip”…more

Aluminum boat sales decline slows in September

Data for sales of aluminum boats in September showed a second consecutive month of slower declines, according to preliminary reporting. These statistics include 26 early reporting states that represent approximately 62 percent of the national market. Fiberglass boats in the 14 to 30 foot segment were down 38.7 percent for the month. Aluminum boats sales…more

KVH reports loss, but marine revenue up

KVH Industries Inc. of Middletown, R.I., reported a drop in revenue and a net loss for the third quarter ended Sept. 30. Revenue declined 10 percent to $15.7 million. Net loss for the period was $800,000, or 6 cents per share. During the same period last year, the company reported flat earnings on a per-share…more

IMBC using USB ports for seminar handouts

In an effort to be more environmentally friendly, producers of the International Marina and Boatyard Conference will use USB ports for all seminar handouts at its Jan. 25-28 conference in Fort Lauderdale. The USB port can plug into laptop computers and a central computer station located in the convention center. USB ports will be loaded…more

Redirection of Grow Boating funds finds support

Industry leaders are voicing their support for the recent decision to postpone a national advertising campaign and redirect Grow Boating assessments to the manufacturer and dealer levels. “I’m 100 percent for it,” Phil Keeter, president of the Marine Retailers Association of America, told Soundings Trade Only. “I think it’s the right thing to do.” The…more

Mixed indexes signal slow recovery

The U.S. leading index for September saw its first increase in five months, but economic recovery is some time away, according to the latest report from The Conference Board. The leading index increased 0.3 percent last month. The index now stands at 100.6 (2004=100). Based on revised data, the index fell 0.9 percent in August…more

Boating-certificate courses available next week

The third edition of America’s Boating Course will be available Oct. 31. Offered by the U.S. Power Squadrons, the course is a convenient way for boaters to obtain their boating certificate. It is certified by the National Association of State Boating Law Administrators and recognized by the Coast Guard. “The course has been extensively revised…more

Midwest Industries announces layoffs

Midwest Industries of Ida Grove, Iowa, laid off nearly a third of its work force because of the struggling economy. The company, which manufactures ShoreLand’r boat trailers and other equipment, laid off 80 of its 280 employees, according to a report in the Chicago Tribune. Midwest president and CEO Andy Brosius told the newspaper the…more

NMMA suspends Grow Boating ad campaign

The continuing slump in the marine industry has prompted industry leaders to suspend the national advertising campaign for Grow Boating and redirect assessments to support immediate sales-driving efforts at the manufacturer and dealer levels. By unanimous vote, the board decided to redirect 85 percent of assessments incurred on or after Oct. 1 and continuing through…more

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