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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.

California funds boating improvements through grants

The California Boating and Waterways Commission recently approved $782,000 in boat launch and facility improvement grants. Awarded by the commission last week, the grants will go toward the construction of three Northern California boat-launch facilities: • Miller Park, Tomales Bay, Marin County, $403,000 • Black Point, Petaluma River, Marin County, $279,000 • El Dorado Beach,…more

Knight & Carver broadens its marina services

Knight & Carver YachtCenter has formed Knight & Carver Delivered, extending the yacht-repair firm’s services to vessels at marinas throughout San Diego and as far north as Marina del Rey. Knight & Carver Delivered provides a full line of maintenance and repair services to boats where they are docked. “This innovative specialty service gives boat…more

NMMA defends Growing Boating decision in letter

In an open letter to the industry, the National Marine Manufacturers Association defended its decision to redirect Grow Boating funds back to manufacturers and dealers rather than continue a national advertising campaign. The decision was made recently because of a decrease in available funds, which would be insufficient for an effective campaign. With sales of…more

Zodiac plans expansion of RIB production

Zodiac of North America plans to double the size of its Summerville, S.C., plant and double production of its RIBs at the facility. The plant will grow from 40,000 square feet to 80,000 square feet, president J.J. Marie told Soundings Trade Only this morning. He would not comment on the exact number of RIBs the…more

Tracker Marine plans job cuts at Missouri plant

Tracker Marine plans to reduce its workforce at its Bolivar, Mo., plant by 136 employees, company officials  told The Bolivar Herald-Free Press. The reduction will be effective Dec. 26. The company plans to move some of the positions from the Bolivar Tracker plant to the Tracker plant in Lebanon. About 100 workers are being asked…more

MRAA informs members on new ID theft rules

The Marine Retailers Association of America is alerting its members that the  Bush Administration has finalized new rules creating the Identity Theft Prevention Program, which establishes policies to identify and respond to “red flags” that could signal identity theft. The program is a result of the Fair and Accurate Credit Transactions Act of 2003. Implementation…more

Marine Advertising Network debuting in Fort Lauderdale

Connecticut couple Sean and Katie O’Leary launched an online vertical advertising network for marine advertisers and Web site publishers. Marine Advertising Network will be formally introduced at the Fort Lauderdale International Boat Show, with demonstrations from 8:30 a.m. to 5 p.m. Thursday and Friday in the Chart Room on the third floor of the Bahia…more

Analyst lowers Brunswick, credits West Marine

Another analyst has joined the ranks of those lowering their earnings estimates for Brunswick following last week’s release of weaker-than-expected results for the third quarter. Laura Richardson, of BB&T Capital Markets, said in a report that her group was lowering its fiscal 2008 estimate to a loss of $1.27 and its fiscal 2009 estimate to…more

School founders honored at U.S. Sailboat Show

At the recent United States Sailboat Show, Offshore Sailing School owners Steve and Doris Colgate were presented with the Harken Gold Block Award in recognition of selling their 300th Colgate 26. Steve Colgate, who founded Offshore Sailing School in 1964, developed the concept for the Colgate 26 in 1996 after years of searching for a…more

OPEC to cut production, oil prices drop

Gas prices may soon be on the rise again. That’s the goal behind OPEC’s decision to cut oil production, but it wasn’t the result Friday morning. The Organization of Petroleum Exporting Companies today announced plans to cut output by 1.5 million barrels a day, beginning Nov. 1. OPEC says it is trying to stem the…more

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