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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.

Congress passes Clean Boating Act

Boating advocates of all stripes are hailing Tuesday’s passage of the Clean Boating Act of 2008, H.R. 5949/S. 2766, in the U.S. Senate and House of Representatives. The Clean Boating Act of 2008 — a top legislative priority for more than 60 partners in the Boat Blue Coalition — will permanently restore a long-standing exemption…more

Marine Products reports lower sales

Marine Products Corp., the Atlanta-based manufacturer of Chaparral pleasure boats and Robalo sportfishing boats, today reported double-digit declines in sales and income for the second quarter ending June 30. “Our financial results for the second quarter of 2008 reflect the recent acceleration of the decline in the recreational boating market which we have experienced for…more

Regal Marine rates highly in Quality magazine

Regal Marine of Orlando, Fla., was recognized recently by Quality magazine, an independent, third-party organization that rates manufacturing companies across a range of products. More than 800 manufacturers — from the top-ranked Advanced Instrument Development with 27 employees to giants like Toyota Motor Manufacturing (ranked second) — were surveyed on criteria such as scrap and…more

Midwest dealer closing stores, shedding jobs

Midwest boat dealer Crystal-Pierz Marine is closing half its 12 stores and laying off two-thirds of its employees in reaction to the “softest marine market in more than 40 years.” The Minneapolis-based company announced Friday it will close the stores and lay off about 100 employees. Cuts in the parts and service department were effective…more

Atlantic-Meeco buys majority of Sullivan

Atlantic-Meeco Holdings, the parent company of marina builder Atlantic-Meeco, has acquired a majority interest in Sullivan Flotation Systems. “This is a marriage of two well-run companies with good products and good reputations,” said Paul Durlacher, president and CEO of Atlantic-Meeco, in a statement. “Because both companies are so healthy and well run, there is no…more

Colligo picks Washington-based distributor

Port Townsend Rigging of Port Townsend, Wash., has been selected to distribute Colligo Marine’s Colligo Synthetic Systems standing rigging hardware. Owned by Lisa Vizzini and Dan Kulin, Port Townsend Rigging has been providing custom sailboat rigging services for 13 years. CSS is an easy-to-install, lightweight system that makes it practical to use synthetic line in…more

MRAA says marine fraud is on the rise

In recent months the marine and RV industries have seen a significant increase in fraudulent transactions, according to a recent Dealer Alert from the Marine Retailers Association of America. MRAA says the National Marine Bankers Association has noted several trends and has identified some best practices to avoid additional risk of fraud. In particular, the…more

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Changing places

Southern Boating has brought on Louise Dutton as its newest advertising representative for the Mid-Atlantic and Northeast states. Dutton will cover Southern Boating magazine and Marine Business Journal. Based in Fort Lauderdale, her territory includes Connecticut, Delaware, Washington, D.C., Maine, Maryland, Massachusetts, New Hampshire, New Jersey, New York, Pennsylvania, Rhode Island and Vermont. Most recently,…more

Economic numbers dipped in June

Leading economic indicators fell for the second month in June, according to a report released today by The Conference Board. The U.S. leading index decreased 0.1 percent last month. Based on revised data, this index decreased 0.2 percent in May and increased 0.1 percent in April. The weaknesses among its components have remained widespread throughout…more

IYRS raises $660,000 at recent gala

The International Yacht Restoration School raised a record-breaking sum of $660,000 during its summer gala held July 12 at the Newport, R.I., school. The theme of the evening, “A New Launch,” celebrated the joining of IYRS and the Museum of Yachting. “There is a great deal of momentum surrounding IYRS and the Museum … It’s…more

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