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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.

Analysts lower Brunswick’s earnings estimates, but still see hope

Analysts are lowering their earnings estimates for Brunswick following Thursday’s release of weaker-than-expected results for the third quarter. However, those same analysts say Brunswick’s liquidity is manageable, despite the recent downgrade of its debt rating by Moody’s Investors Service. “We continue to believe bankruptcy is a low probability outcome,” said Ed Aaron director of Equity…more

Atlantic Intracoastal Waterway meeting on preservation

New regional strategies to maintain and promote the Atlantic Intracoastal Waterway will be the main topic of discussion when the AIW Association meets next month. AIWA’s annual meeting will take place Nov. 20-21 in Jacksonville, Fla. The conference begins with reports from the U.S. Army Corps of Engineers, which is charged by Congress to maintain…more

Changing Places

Burger Boat Co. of Manitowoc, Wis., appointed Mike Mitchell vice president of manufacturing. Joining Burger in August 2002, Mitchell has been promoted to various positions throughout the company. He has 23 years of manufacturing experience, including plant managing and 15 years ownership of his own business.   *** Bruce J. Byots, 50, was named vice…more

Cape Cod boatbuilders expo scheduled for February

The third annual Boatbuilders’ Show on Cape Cod, presented by the Cape Cod Marine Trades Association, is scheduled to return to Hyannis Feb. 13-15. Last year’s event drew more than 3,000 attendees, which the producers said more than doubled their expectations. This year’s show will feature more than 40 exhibitors and a variety of custom-built…more

NMMA holding engineering compliance seminar

The National Marine Manufacturers Association will hold an Engineering Compliance Seminar to help boatbuilders remain up-to-date with American Boat & Yacht Council standards. Scheduled for Dec. 8-10 in Nashville, Tenn., the seminar will highlight important changes to existing ABYC standards required for compliance with the NMMA Boat & Yacht Certification Program for Model Year 2010…more

Stidd Systems taps Ocean Marketing

Stidd Systems, of Greenport, N.Y., chose Ocean Marketing to represent its line of marine seating on the East Coast and in California. Based in Guilford, Conn., Ocean Marketing has been representing marine product manufacturers since 1968. Stidd seating is designed to provide anatomically correct, comfortable positioning and passive restraint for the functional marine environment, according…more

Changing Places

Andrew Doole and Dane Graziano were promoted to chief operating officers for Show Management, the producer of the Fort Lauderdale International Boat Show. “Clearly, the combined efforts, experience and know-how of Andrew and Dane for over 24 years [each] have been key components to the great success and growth of this company,” said Efrem “Skip”…more

Aluminum boat sales decline slows in September

Data for sales of aluminum boats in September showed a second consecutive month of slower declines, according to preliminary reporting. These statistics include 26 early reporting states that represent approximately 62 percent of the national market. Fiberglass boats in the 14 to 30 foot segment were down 38.7 percent for the month. Aluminum boats sales…more

KVH reports loss, but marine revenue up

KVH Industries Inc. of Middletown, R.I., reported a drop in revenue and a net loss for the third quarter ended Sept. 30. Revenue declined 10 percent to $15.7 million. Net loss for the period was $800,000, or 6 cents per share. During the same period last year, the company reported flat earnings on a per-share…more

IMBC using USB ports for seminar handouts

In an effort to be more environmentally friendly, producers of the International Marina and Boatyard Conference will use USB ports for all seminar handouts at its Jan. 25-28 conference in Fort Lauderdale. The USB port can plug into laptop computers and a central computer station located in the convention center. USB ports will be loaded…more

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