Some of the industrys top thinkers in finance, manufacturing, retailing, marketing and other sectors assess what the coming year might hold Bob AppleSenior Vice President, Sales and MarketingVolvo Penta of the AmericasVolvo Penta enters this downturn in a strong financial position, thanks in large part to the overwhelming success of the Volvo Penta IPS. The…more
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.
More than 400 people, representing about 225 dealerships across the country, came to Las Vegas for the Marine Dealer Conference & Expo in November to learn how to survive the recession and still be standing once things start to turn around. Through programs and panel discussions, they heard from experts on topics ranging from service…more
Despite the credit crunch, there was an air of optimism at the NMBAs annual conference The U.S. economy will continue to suffer the effects of tight credit and a deleveraging cycle, as a society that had become increasingly reliant on borrowing digs itself out from under a mountain of debt. That was the scenario…more
Working on a shoestring budget, the marine community showed voters the valueof working waterfronts, and they responded by passing Amendment 6 Despite unremitting bad news about the economy, Floridas marine industry found reason to celebrate after the Nov. 4 elections, as Floridians voted to adopt an amendment to the state constitution to help preserve working…more
William H. McGill, Jr. is chairman of the board, chief executive officer and president of Clearwater, Fla.-based MarineMax Inc., the countrys largest recreational boat and yacht dealer. McGill, 65, graduated from the University of Dayton with a Bachelor of Science degree in mechanical engineering. He joined Pratt & Whitney as a test engineer before moving…more
Two boat manufacturers recently announced the launch of new Web sites. Weldcraft Boats new site can be found at www.weldcraftmarine.com. The site contains interactive content, including an application that takes users through a factory tour to demonstrate the manufacturing process, while an adjacent window compares operational costs to other activities such as golfing and vacationing.…more
Secured Marine Transactions introduced a new series of extended plans covering repairs of propulsion systems and accessories on new and pre-owned boats. SMT offers a wide range of packages tailored to suit the specific requirements of different sizes and types of boats. Engine coverage plans include outboards, stern drives, inboards, diesels and personal watercraft. Accessory…more
Northstar, a designer and manufacturer of marine navigation systems, announced a $250 dealer installation credit combined with a $500 consumer rebate on its Northstar 8000i. The offer is available on purchases between Jan. 1 and March 31, 2009. The 8000i is a one-stop solution for navigation and entertainment, complete with chart plotter, depth sounder, video…more
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Two Maine boatbuilders are forming a joint venture to begin building 48-foot sailboats for an unnamed customer, the Bangor News reports. Union River Boats in Bucksport and Lyman Morse of Thomaston hope to begin building the new design sometime next year. The project will require a $1.25 million investment spread between the two companies. Both…more