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.

Fountain board member resigns

Anthony A. Sarandes resigned from the Fountain Powerboat Industries’ board of directors for “personal business reasons,” according to documents filed with the Securities and Exchange Commission. The resignation, dated Oct. 27, was effective immediately. As a result, Fountain has reduced the number of board members to six and has withdrawn Sarandes from nomination for re-election…more

Changing Places

Michael T. Moore was named chairman of the International SeaKeepers Society, succeeding retiring chairman Donald R. Tomlin. “Michael’s long involvement with the board means he knows the history of the society,” Tomlin said in a statement. “He is the ideal choice to keep the International SeaKeepers Society strong and focused.” Moore, of the Miami-based law…more

Chris-Craft temporarily halting production

Chris-Craft is stopping production at its Manatee, Fla,. plant for approximately six weeks, beginning in November. The Sarasota, Fla.-based boatbuilder plans a staggered stop-and-start to “maximize the number of boats that we’re completing,” Meghan Stout, director of marketing and communications, told Soundings Trade Only this morning. “We’re stopping the production for two reasons. Obviously the…more

Awards handed out at Fort Lauderdale show

FORT LAUDERDALE — A number of companies and industry professionals received awards this week at the Fort Lauderdale International Boat Show, including the inaugural industry marketing competition and the Boating Writers International grand prize. Marine Marketers of America held a luncheon Thursday afternoon to announce the results of the association’s first North American marketing competition.…more

Polynova Composites signs licensing agreement

Milford, Mass.-based Polynova Composites entered into a licensing agreement with Scott & Fyfe to develop the companies’ current and future product lines. “Technologically advanced textiles are the hallmark of both companies,” said Michael Schwartz, Polynova’s COO. “The Polybeam technology at the heart of this agreement streamlines closed-mould processing and enhances product performance.” Scott & Fyfe…more

Dealer Digest

Hunter Marine named SouthEast Sailing and Yachts of St. Augustine, Fla., its new dealer for northeastern Florida, coastal Georgia and southern South Carolina. SouthEast Sailing and Yachts is owned and managed by Hunt Bowman, Judy Ginn, Mike Dolan and Barbara Dolan. The company will handle Hunter’s full line, from the 140 daysailer to the new…more

Lauderdale show kicks off with plans for an updated venue

FORT LAUDERDALE — Producers of the Fort Lauderdale International Boat Show started the event this morning with the unveiling of development plans that promise a better, more permanent venue for future shows. “The plan that has emerged from this process is one we love and will be great for the boat show,” said Efrem (Skip)…more

Brunswick reduces annual stock dividend

Brunswick Corp. has declared an annual dividend on its common stock of 5 cents per share, payable Dec. 15 to shareholders of record on Nov. 24. Brunswick currently has approximately 87.7 million shares of common stock outstanding. The annual dividend declared in 2007 was 60 cents per share. “Given the unprecedented downturn in the marine…more

Travelers discounts insurance for hybrid boats

Travelers is offering a discount of up to 10 percent on hybrid boat and yacht insurance, the company announced today. “Hybrid vessels are using the latest, state-of-the-art technology in the marine industry,” said Chantal Cyr, vice president of the Boat and Yacht Division for Travelers. “At Travelers, we closely follow the newest developments in boating…more

AMTECH extends trade show discount deadline

The Association of Marine Technicians extended the early registration discount rate for the National Marine Service Expo trade show to Nov. 15.  AMTECH is offering a 25 percent discount for registrations before the cutoff date. People registering for all four days of training will receive an additional 10 percent off the discounted fee. “We have…more

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