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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.

NMRA awards marine scholarship

The National Marine Representatives Association is providing scholarships to students pursuing careers in the marine industry. Andrew Grossi of Hoboken, N.J,. is one of the recipients of the association’s $1,500 scholarships. (Other recipients are to be announced at a later date.) NMRA board member Kathy Munzinger of Munzinger and Co. made the presentation to Grossi.…more

Westlawn holds third Mystic Meet

The Westlawn Institute of Marine Technology held its third annual Mystic Meet July 26 and 27 in Mystic, Conn. The event allows students and teachers of the distance-learning school to interact face-to-face at the Westlawn home office at Mystic Seaport Museum. Forty-one students and guests from the United States and abroad attended. Students participated in…more

RBFF to discuss angler-retention efforts

The Recreational Boating & Fishing Foundation will share preliminary results from its State Direct Mail Marketing Program at the Association of Fish & Wildlife Agencies’ annual meeting next week in Saratoga Springs, N.Y. On Tuesday, RBFF president and CEO Frank Peterson and RBFF state initiatives director Stephanie Hussey will reveal the response rates from at…more

Changing places

Navico, the Tulsa, Okla.-based electronics manufacturer, has promoted Louis Chemi to executive vice president of sales and marketing for the Americas. In addition to his continuing responsibilities as executive vice president of product management, Chemi will manage the sales and marketing efforts for the Navico brands with a focus on expanding the company’s presence and…more

NOAA seeks input on whale-strike rule

The Fisheries Service of the National Oceanic and Atmospheric Administration is seeking comment on the final environmental impact statement for the Ship Strike Reduction Rule. The rule aims to reduce the number of endangered North Atlantic right whales injured or killed by collisions with ships. The final EIS contains six alternatives, including NOAA’s preferred alternative…more

Analyst: Brunswick not out of the woods

Brunswick Corp. stock has been rising over the last month-and-a-half, from a 52-week low of $9.66 July 14 to $13.79 last week. But the company’s woes may not be over, according to an analysis posted on SeekingAlpha.com. The report points to several factors contributing to the boatbuilder’s financial problems: a continuing slump in the U.S.…more

West Marine founder plans to buy up more company stock

West Marine founder, chairman and largest shareholder, Randy Repass, has set up a plan to repurchase a large portion of the company’s stock. Repass set up a buying plan with RBC Capital to add to his holdings of 6.3 million shares, which represent 28.8 percent of West Marine shares outstanding, according to a report in…more

Changing places

Palladium Technologies of Fort Lauderdale has appointed Bill McLaren senior sales consultant, responsible for generating leads, customer service and order processing for all domestic accounts. McLaren, a native of Ontario, has more than 40 years of experience in the marine industry. He began his career in the family business, owning and operating several marinas in…more

NMMA postpones Liberty Boat Show

The National Marine Manufacturers Association says it will postpone the Liberty Boat Show until Oct. 1-4, 2009, in an effort to provide a stronger show for exhibitors. It had been scheduled for Sept. 25-28, 2008. The decision to postpone was made after discussions with exhibitors, who agreed to push the show back because of current…more

Fountain gets listing extension from Amex

The American Stock Exchange has given Fountain Powerboat Industries an extension to regain compliance for continued listing on the exchange. Amex notified the Washington, N.C., boatbuilder in June that it was not in compliance with one of Amex’s standards for continued listing. The notice stated that the company had “sustained losses which are so substantial…more

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