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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.

Louisiana, Wisconsin report success from RBFF program

The Louisiana Department of Wildlife and Fisheries and Wisconsin Department of Natural Resources have had successful first-year results from the state direct-mail marketing program, a nationwide effort from the Recreational Boating & Fishing Foundation. The direct mail initiative is a three-year program designed to identify and target lapsed anglers and increase fishing license sales. In…more

Latitude Industries will restructure, seek new markets

Latitude Industries is reorganizing the company to build shareholder value and help weather the recession, the company announced. Latitude Industries will keep Latitude Powerboats as its wholly owned subsidiary, continue research and development on an entry-level line of boats, hire a public relations firm to increase market share and introduce the product to new markets,…more

L.A. boat show reports solid turnout

Organizers of the Los Angeles Boat Show say sales results from opening weekend exceeded expectations. “We’re happy,” said Scott Driesbach, COO of Advantage Boats, in a statement. “It’s been a long six months, and sales have been the slowest we’ve seen in our 25-year history.” “But after this Saturday and Sunday, we’re feeling much better…more

Cruisers shuts down for February

Cruisers Yachts, of Oconto, Wis., is ceasing production for a month because of the economy, according to an AP report in the Minneapolis Star Tribune. KCS International president Jim Viestenz told AP that employees were placed on unemployment and notified that the return date is tentatively scheduled for early March. In recent years, the company…more

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Today’s Boat Buyer: Part III

Bob and Linda Coleman were looking for a boat they can retire on — something that would accommodate their large extended family, including 10 grandchildren. The Colemans, first-time boaters from Kingsville, Md., bought an Outer Reef 63 at PassageMaker magazine’s Trawler Fest in Stuart, Fla., in January. “The timing was perfect with the economy,” says…more

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Today’s Boat Buyer: Part II

Michael Boudreau bought a Pursuit C 310 with twin 250-hp Yamaha 4-strokes from Striper Marine in Barrington , R.I. , in January. He bought the center console after looking at one at the Hartford (Conn.) Boat Show. “We had seen the Pursuits online, but my wife, Jeannie, and I wanted to see one for ourselves,”…more

Analysts approve of MarineMax’s cutbacks

Despite the more than 50 percent drop in sales for its fiscal 2009 first quarter, MarineMax is getting good marks from analysts. “Results demonstrate that management is taking the right steps to weather the severe downturn in the marine industry,” said Hayley B. Wolff, senior equity research analyst for Rochdale Securities, in a recent report.…more

Marine Concepts diversifies its business

Florida-based Marine Concepts and its sister company, JRL Ventures, are now offering dimensionally cut structural flat panels through a new partnership with Nida-Core Corp. Nida-Core, a global company with offices in Florida, manufactures lightweight honeycomb core material used as a structural composite for such things as bulkheads and flooring. The flat panels free up floor…more

Changing Places

Coastal Properties Management of Annapolis named Paul Gapcynski the new manager of Riverwalk Landing in Yorktown, Va. Gapcynski has worked at Riverwalk as dockmaster since May 2005. Following the death of the previous manager, Dennis Nate, last September, Gapcynski was promoted to the management position. “We were all very saddened to lose Dennis Nate, who…more

ABBRA hands out its annual awards

The American Boat Builders & Repairers Association presented its annual awards at last week’s International Marina & Boatyard Conference. The Dennis Snow President’s Award was presented to Carl Cramer, publisher of Professional Boatbuilder Wooden Boat magazine and co-show director of the International BoatBuilders’ Exhibition & Conference. The Award of Excellence in Customer Care was presented…more

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