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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.
West Marine has extended its supply agreement with ICP Solar Technologies, a manufacturer of solar panels and related products. The marine retailer reported strong demand for ICP’s Sunei solar chargers, with year-to-date sales up about 14 percent. “Our Sunsei marine chargers are uniquely designed to withstand the elements in any kind of weather, and we…more
Just four months before changing over to the 406 MHz frequency standard for EPIRBs, the National Oceanic and Atmospheric Administration marked a new milestone: 6,000 people rescued in the United States by the COSPAS-SARSAT system. “With an average of more than 250 rescues each year in the United States alone, it’s clear this system is…more
Northrop Grumman Corp.’s Sperry Marine business unit is bringing its new-generation VisionMaster FT technology to the megayacht market. Sperry Marine is supplying a complete suite of navigation electronics for a 142-foot yacht being built in Italy, including X- and S-band radar, electronic chart display and information system, TotalWatch multifunction workstation, gyrocompass, autopilot, steering system and…more
Hell’s Bay Boatworks of Titusville, Fla., is reporting “remarkable” business since its recent merger with Gordon Boatworks. “Sales are up dramatically from last year,” Hell’s Bay Boatworks owner and president Chris Peterson told Soundings Trade Only this morning. Although the production rate is the same as last year, Peterson said the backlog for the company’s…more
The best way to escape from all the negative news about the economy these days is to go boating. That’s the message behind Barb Hansen’s latest “View from the Marina” column. In the column — Boating: For a Brighter View of Life — Hansen talks about how even a short ride across the harbor in…more
The Marine Retailers Association of America is adding its voice to the chorus of business groups asking government leaders to help “thaw the credit freeze,” specifically on dealer floorplans and consumer boat loans. The MRAA recently sent a letter to Secretary of the Treasury Henry M. Paulson Jr. and Federal Reserve Chairman Ben S. Bernanke…more
Palmer Johnson Yachts is planning to expand production into other parts of Wisconsin and in Michigan. The yacht builder has outgrown its plant in Sturgeon Bay, Wis., despite recent additions there, according to a report in the Green Bay Press Gazette. The company plans to set up satellite operations to ease space constraints and address…more
The Broward College Foundation recently received $100,000 in donations for the new Broward College Marine Engineering Management Program. Joe Charles, president of Charles Industries, and the Marine Industries Association of South Florida each presented a check for $50,000 during a ceremony at the Fort Lauderdale International Boat Show last week. The foundation is trying to…more
Anthony A. Sarandes resigned from the Fountain Powerboat Industries’ board of directors for “personal business reasons,” according to documents filed with the Securities and Exchange Commission. The resignation, dated Oct. 27, was effective immediately. As a result, Fountain has reduced the number of board members to six and has withdrawn Sarandes from nomination for re-election…more