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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.

Cobia to stop production at N.C. plant

Cobia announced to its employees Monday that it will be suspending production at the company’s Marion, N.C., plant effective Aug. 29.   This move comes as a result of difficult market conditions, which have hit the marine industry exceptionally hard, the company said in a release. A total of 68 people will be furloughed and…more

Seattle dealers holding summer boat show sale

Faced with the struggling economy and its impact on boat dealers in the region, organizers of the annual Seattle Boat Show are hosting the first Seattle Boat Show Summer Sale Aug. 8-10 at Qwest Field’s north parking lot.   The event features 250 new and used boats on trailers from 50 dealers. Leaders of the…more

Boatbuilder assets to be sold at auction

A public auction of the assets of Vivian Industries, builder of VIP boats and boat trailers, will be held Sept. 19 and 20 at the VIP plants in Vivian, La.   The auction was ordered Monday by federal Judge Stephen Callaway, from the U.S. Bankruptcy Court in the Western District of Louisiana.   Vivian Industries…more

MMA holding national marketing competition

Marine Marketers of America has announced final plans for the first Marine Marketers national awards program, designed to recognize outstanding performance in the marine marketing field. A call for entries is now under way.   “For our first year, we have selectively chosen a few categories of entry and are hopeful to generate solid response…more

Changing places

Yamaha Marine Group appoints Bill Boehman general manager of Precision Propeller Industries.   Yamaha Marine Group has appointed Bill Boehman as general manager of Precision Propeller Industries, the Indianapolis-based company Yamaha acquired last month.   Effective immediately, Boehman will be responsible for managing PPI’s day-to-day business operations and its 80 employees. He will report to…more

Skeeter unveils regional training sessions

Skeeter Products of Kilgore, Texas, is introducing Skeeter University, a series of dealer training sessions with an emphasis on marketing, sales, product and business operations. Skeeter University includes five regional stops: Albany, N.Y., Sept. 15-17; Frisco, Texas, Sept. 29-Oct. 1; Madison, Wis., Oct. 8-10; Murfreesboro, Tenn., Nov. 17-19 and Tampa, Fla., Dec. 3-5.   “Skeeter…more

Chris-Craft sheds 85 employees in N.C., Fla.

Chris-Craft Corp. laid off about 85 employees last week — half in North Carolina and half in Florida — in anticipation of fewer orders from dealers. “We have slowed all of our lines across the board,” spokeswoman Meghan Stout told Soundings Trade Only this morning. “Our dealers are very cautious for the coming year.” The…more

NMMA adds houseboat feature to Louisville show

The National Marine Manufacturers Association is introducing a new houseboat-specific feature at the 2009 Louisville Boat, RV & Sportshow, taking place Jan. 24-Feb. 1 at the Kentucky Exposition Center in Louisville. The new section will feature the latest in houseboats and related gear, equipment and services. The area will have its own entrance and set…more

Glastron has three models on “Best Buy” list

The August 2008 issue of Consumers Digest magazine has recognized three models from Glastron as “Best Buys in Powerboats.” On average, a Consumers Digest Best Buy rating is awarded to fewer than 3 percent of the competing models in any given product category. In the runabout category, six Best Buy certificates were awarded this year…more

Spending up in June, increased job losses in July

Consumer spending increased 0.6 percent in June, even though disposable income fell 1.9 percent. Meanwhile, the unemployment rate climbed to 5.7 percent in July. Personal consumption expenditures increased $57.1 billion in June, according to a report released today by the U.S. Department of Commerce. This compares to a 0.8 percent increase in May. Personal income…more

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