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.

GEM buys Frost Bite Coolers

GEM Products, a manufacturer of stainless-steel products for the marine industry, acquired Frost Bite Coolers. “We feel that Frost Bite’s quality and reputation equals that of GEM and we are excited to offer their coolers as our own,” GEM president Matthew Bridgewater said in a statement. Bridgewater also announced that as GEM begins production of…more

Kenton Smith starts new consulting venture

Industry marketing veteran Wanda Kenton Smith formed a new marketing consulting practice, Kenton Smith Marketing. The new venture is an evolution of Kenton Smith Advertising & Public Relations, Kenton Smith said. Kenton Smith has tapped former agency staffers as independent contractors available on an “as needed” basis, and is also establishing a network of professional…more


Kadey-Krogen, Sea-Doo and Paradox Marine win awards

For the fourth time, a Kadey-Krogen yacht has been honored with PassageMaker magazine’s People’s Choice Award. The award, presented at Trawler Fest last week in Stuart, Fla., was given to Invictus, hull No. 1 of the new Krogen 55 Expedition trawler. Owners Bill and Lisa Roberts of Dallas accepted the award. “The Kadey-Krogen 55 Expedition…more

Group purchases assets of two marine companies

The Mifsud Group, a private investment and management group, recently acquired the assets of Corsa Performance Exhausts and Gil Marine, JB Design Inc., a premium performance exhaust manufacturer in Berea, Ohio. The transaction closed Jan. 8 and terms were not disclosed. Corsa Performance Exhausts will be operated by TMG Performance Products, a division of The…more

Naples show organizers ‘thrilled’ with turnout

More than 7,000 people recently attended the 42nd annual Naples Boat Show, and its first accompanying Seafood Festival. The event was sponsored by the Marine Industries Association of Collier County. More than 100 vendors, including more than 20 area boat dealers and in excess of 80 related businesses were on hand for the show. “We…more

Brunswick releases 4Q numbers

A 50 percent drop in marine sales for the fourth quarter of 2008 contributed to Brunswick Corp.’s 42 percent decline in total sales for the period, the company reported today. Total sales for the fourth quarter were $837.7 million, Brunswick said, versus approximately $1.4 billion in the same sales period of 2007. For the fourth…more

Boaters, anglers oppose saltwater fishing license

A coalition of boating and fishing groups is fighting a proposal by New York Gov. David Paterson that would require saltwater anglers to buy a $19 saltwater license ($40 for out-of-state anglers) before casting a line in New York coastal waters. The requirement, they say, would hurt marinas, tackle shops and marine dealers, most of which…more

Providence show focuses on youth tomorrow

The Providence Boat Show will host “Youth Day” from 11:30 a.m. to 4 p.m. Friday. The Rhode Island Marine Trades Association in partnership with My Turn of Rhode Island and the Industry Skills Development Initiative will be running the program. More than 130 students in middle and high school, along with group leaders from Pawtucket,…more

Changing Places

Priority One Financial Services named Jeff Wyatt controller of the company owned by Forest River, a Berkshire Hathaway company. Prior to joining Priority One, Wyatt owned and operated his own construction company with residential and commercial projects throughout the Gulf Coast of Florida. He has also served as the controller and voice president of finance…more


Turnout high for PassageMaker’s Trawler Fest

PassageMaker magazine reports that last week’s Trawler Fest in Stuart, Fla., saw record attendance. More than 1,600 people took part in the Jan. 22-24 event, held at the Hutchinson Island Marriott. “Show setup was smooth, there was a well-managed flow of attendees, turnout was better than expected, and the attitude was positive,” said Fred Azar,…more

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