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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.

Sweeping changes continue at Brunswick

Brunswick Corp. this morning said it plans to reduce its fixed-cost structure by $300 million by further shrinking its North American manufacturing footprint. The company plans to have 17 or fewer plants by the end of 2009, compared with the 29 it had in 2007. This will require the closure of four plants in addition…more

Lakeland Boatworks expanding outside Michigan

Lakeland Boatworks, a Middleville, Mich.,-based manufacturer of wood/composite recreational watercraft, negotiated a lease to develop its first showroom/retail store outside the state. Located in Syracuse, N.Y., the 5,000-square-foot showroom will serve as the anchor tenant for the nine-story commercial building across the street from the Syracuse Hotel and Towers development and the Galleria Complex. In…more

Changing places

Fort Lauderdale-based ZF Marine, a leader in pleasure-craft propulsion systems, appointed Tim McFarland as aftermarket segment manager. McFarland joined ZF Marine LLC in 1997 as an inside technical representative and, most recently, was senior aftermarket center manager. McFarland will be responsible for ZF Marine LLC’s parts-and-service business in North and Central America, and the Caribbean.…more

Dozens of entries in for MAATS awards

Sixty new products have been entered into the Innovation Awards program at the upcoming Marine Aftermarket Accessories Trade Show, taking place July 16-18 at the Las Vegas Hilton Hotel & Convention Center. Winners will be honored for their achievements during the MAATS awards reception at 6 p.m. July 17 in Pavilions 1-6 of the Hilton.…more

CFO says marine companies are hurt by tax laws

The inconsistency of state laws regarding tax nexus puts marine companies “at a distinct disadvantage, not only with domestic manufacturers, but foreign manufactures as well,” according to Mark Ducharme, chief financial officer and vice president of Monterey Boats. Ducharme testified Tuesday at a hearing of the House Judiciary Committee’s Subcommittee on Commercial and Administrative Law.…more

Latitude, Honda talking about joint venture

Latitude Industries, a Miami-based manufacturer of offshore high-performance sport- and center-console boats, entered into negotiation talks with Honda Marine to have the engine maker provide outboards for its boats. With models ranging from 2- to 225-hp, Honda Marine’s line of production models meets California Air Resources Board 3-Star standards, ensuring their availability and regulatory compliance…more

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Motoryacht debuts at Newport, R.I. forum

A classic Trumpy 63-foot motoryacht has emerged from a nearly complete bow-to-stern refit in just 37 days to serve as a floating showcase for marine products at select East Coast U.S. boat shows. The yacht, Showtime, made its debut Tuesday at the American Superyacht Forum in Newport, R.I. It will be open for public tours…more

Changing places

Performance Metals appoints Richard Greco Jr. to the company’s board of directors; Navico, a market leader in marine electronics for the recreational boating segment, promotes John C. Bay to chief marketing officer. Performance Metals appointed Richard Greco Jr., former assistant secretary of the Navy, to the company’s board of directors. As the assistant secretary of…more

Merger creates new St. Petersburg boat show

Veteran show producers Show Management of Fort Lauderdale and Sail America of Middletown, R.I., have combined two longstanding boat shows into one all-new “super show” now called St. Peterburg Boat Show & Strictly Sail. A projected crowd of 25,000 is expected to attend the Dec. 4-7 event in St. Petersburg, Fla. Under the terms of…more

Fort Lauderdale project mired in lawsuit

A proposed development project for Fort Lauderdale, which resulted in a lawsuit filed against the city by developers, is on hold. The project, called The Sails, would have replaced an 8.5-acre parcel with a new, state-of-the-art, hotel, office and marina. The Sails is a $100 million investment with secured funding to be located at the…more

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