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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.

Northstar offers rebate on 8000i

Northstar, a designer and manufacturer of marine navigation systems, announced a $250 dealer installation credit combined with a $500 consumer rebate on its Northstar 8000i. The offer is available on purchases between Jan. 1 and March 31, 2009. The 8000i is a one-stop solution for navigation and entertainment, complete with chart plotter, depth sounder, video…more

Maine boatbuilders get big sailboat contract

Two Maine boatbuilders are forming a joint venture to begin building 48-foot sailboats for an unnamed customer, the Bangor News reports. Union River Boats in Bucksport and Lyman Morse of Thomaston hope to begin building the new design sometime next year. The project will require a $1.25 million investment spread between the two companies. Both…more

AMI warns about diesel pump labeling

The Association of Marina Industries has issued a warning for marina owners about the proper labeling of diesel fuel pumps. The AMI says a marina operator who recently had diesel fuel pumps inspected by a local IRS inspector, was fined more than $27,000 for not having the proper labels (decals) posted on their diesel fuel…more

Dive-N-Dog teams with Haas Automation

Dive-N-Dog partnered with Haas Automation to add CNC 4 axis milling to its Florida facility. Haas Automation manufactures a full line of CNC machining centers, CNC lathes, rotary tables and 5C indexers. This new capability allows Dive-N-Dog to serve its customers with high-quality machined parts, prototypes and customized branding on stock parts. Dive-N-Dog is located…more

AMI sets date for annual meeting

The Association of Marina Industries annual members meeting will be 11:15 a.m. to 12:15 p.m. Jan. 26 in the Fort Lauderdale Convention Center, Floridian Ballroom C. The meeting takes place at the 2009 International Marina & Boatyard Conference. The following nominations for the 2009 board of directors and officers will be considered and voted upon…more

Textron exits floorplan financing

Textron Inc. will exit all of Textron Financial Corporation’s commercial finance businesses, including floorplan financing for marine dealers, through a combination of orderly liquidation and selected sales, the company announced. The company previously indicated that TFC would be exiting its Asset Based Lending and Structured Capital segments, as well as several additional product lines, representing…more

South Bay offers Evinrude financing promotion

South Bay Pontoons has partnered with Evinrude for a 100th anniversary sales event. The sales promotion offers the consumer a five-year BRP factory-backed warranty and a special low consumer-financing program. The promotion begins Jan. 1 and runs through April 15. Consumers who purchase and take delivery of eligible engines from a participating South Bay dealer…more

Polar Kraft’s TX 175 bass boat receives honor

Polar Kraft of Elkhart, Ind., received a 2009 Excellence in Design Award from Trailer Boats for the company’s TX 175 Pro bass boat. The award was for the Boats Under $25,000 category. According to Trailer Boats, the TX175 Pro Bass is “a tricked-out, well-made fishing boat that performs well with the minimum — not maximum…more

Analyst: Brunswick’s new credit will calm fears

Brunswick Corp.’s new $400 million revolving credit facility should help calm liquidity fears, according to an analyst who covers the company. “Although the company does not have any outstanding borrowings on this facility, the amendment provides added financial flexibility,” wrote Edward Aaron, of RBS Capital Markets. “Clearly business trends remain extremely difficult, and results are…more

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