The Yacht Brokers Association of America is accepting nominations for the Paul Bennett III Memorial Award. The award honors the memory of an exemplary, visionary industry leader and yacht brokerage professional. It will be bestowed annually upon a qualified and deserving professional who best exemplifies Bennett’s characteristics and commitment, according to the YBAA. Nominations should…more
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.
Soundings Trade Only will not publish its e-newsletter Monday in observance of Labor Day. We wish everyone a safe and happy holiday.
National Marine Manufacturers Association’s Political Action Committee disbursements for the 2007-08 election cycle
Through June 30, 2008Total receipts: $315,898* Total disbursements: $287,800 Political Contributions by NMMA PACRep. Jason Altmire, D-Pa. $1,000Rep. John J. Barrow, D-Ga. $1,000Rep. Joe Barton, R-Texas $3,500Sen. Evan Bayh, D-Ind. $1,000 Rep. Melissa Luburich Bean, D-Ill. $1,000Rep. Shelley Berkley, D-Nev. $1,000** Rep. John A. Boehner, R-Ohio -$2,500Rep. Mary Bono Mack, R-Calif. $1,000Rep. Rick Boucher, D-Va. $2,000Rep. Allen Boyd, D-Fla. $1,000Sen. Barbara Boxer, D-Calif. $5,000Rep.…more
The boating industry has many friends in Congress, according to chief lobbyists from the National Marine Manufacturers Association and the Marine Retailers Association of America. “One of the great things about boating is that boating is geographically dispersed and boat manufacturing is geographically dispersed,” says Scott Gudes, NMMA vice president of government relations. “There are…more
NMMA and MRAA spread money among pro-marine Democrats and Republicans, hoping a relatively small sum goes a long way The recreational marine industry’s financial contributions to the political stage are fairly modest compared to some political action committee funds, so even the industry’s two biggest trade groups have to be selective in how the money…more
They’re helping with floorplans and cash flow, hoping to avoid 1990s-type dealership failures In light of an economic downturn, manufacturers and dealers are working in tandem with lenders to control and move inventory. Lenders are helping dealers manage their floorplan lines. In some cases, lenders have been extending curtailment periods and, in others, they have…more
Manufacturers Aqua Patio, Hurricane, Parti Kraft, Polar, Polar Kraft, Rinker, Sanpan, Sweetwater — Nautic Global Group dealerships will receive up to 50 percent reimbursement of total certification costs via NGG’s “Flex-Funds” program after the certification process is complete. Bayliner — US Marine will reimburse certified dealers $500 of the costs associated with becoming certified. In…more
Dealers are weighing the costs and benefits of the three-year-old program, but the weak economy makes it hard to gauge its effectiveness Joe Zahler, a sales consultant at Wayzata Marine in Orono, Minn., says industry-wide certification has given customers the best possible experience, which ultimately leads to closing a deal on boats. The sales reps…more
Steve Fleming, director of communications for Mercury Marine, has been named editor of Bass & Walleye Boats magazine. “I truly enjoyed my six years here, both dealing with the media and working with the folks at Mercury,” Fleming said in a note to media. “Now I’m very excited about returning to my journalism roots, joining…more
The North Carolina General Assembly yesterday overrode Gov. Michael Easley’s veto of a bill that allows for an increase in the size of boats that can be transported on the state’s highways. The new law, which takes effect immediately, allows boats with beams up to 10 feet to be towed without a permit and beams…more